Short Interest in Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF) Declines By 12.3%

Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 5,038,500 shares, a decline of 12.3% from the January 31st total of 5,745,100 shares. Based on an average daily trading volume, of 44,000 shares, the days-to-cover ratio is currently 114.5 days.

Tamarack Valley Energy Trading Up 0.8 %

TNEYF opened at $2.77 on Friday. Tamarack Valley Energy has a 52-week low of $2.45 and a 52-week high of $3.50. The company has a 50 day moving average of $3.17 and a two-hundred day moving average of $3.06.

Tamarack Valley Energy Company Profile

Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. Its oil and natural gas properties are the Cardium, Clearwater, Charlie Lake, and Enhanced Oil Recovery assets located in the province of Alberta, Canada.