BONAVISTA ENERGY CORP ORDINARY SHARES C (OTCMKTS:BNPUF) Could Burn Your Long Portfolio After More Shorts

May 18, 2018 - By Melody Miller

Bonavista Energy Corporation (OTCMKTS:BNPUF) Logo

The stock of BONAVISTA ENERGY CORP ORDINARY SHARES C (OTCMKTS:BNPUF) registered an increase of 1.85% in short interest. BNPUF’s total short interest was 2.07 million shares in May as published by FINRA. Its up 1.85% from 2.03 million shares, reported previously. With 21,400 shares average volume, it will take short sellers 97 days to cover their BNPUF’s short positions. The short interest to BONAVISTA ENERGY CORP ORDINARY SHARES C’s float is 0.89%.

The stock increased 5.63% or $0.0704 during the last trading session, reaching $1.3204. About shares traded. Bonavista Energy Corporation (OTCMKTS:BNPUF) has 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Bonavista Energy Corporation engages in the acquisition, exploration, development, and production of oil and natural gas assets in Western Canada. The company has market cap of $343.23 million. As of December 31, 2016, its proved reserves totaled 273.2 million barrels of oil equivalent; and proved plus probable reserves were 414.2 million barrels of oil equivalent. It currently has negative earnings.

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