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Petrus Resources, an Alberta oil firm, cuts short interest, introduces $0.01 monthly dividend.
Petrus Resources Ltd., a Canadian oil and gas exploration company, saw its short interest drop by 52.1% in November.
The company recently announced a monthly dividend of $0.01 per share, set to be issued on December 30 to shareholders of record on that date.
The dividend translates to an annualized dividend of $0.12 and an 8.51% yield.
Petrus Resources primarily operates in the Ferrier Area of Alberta, Canada.
The stock's price decreased by $0.01 to $1.00 in mid-November and traded at C$1.41 mid-day on December 13.
The company has a market cap of C$175.36 million and a P/E ratio of 7.05.
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Petrus Resources, una empresa petrolera de Alberta, reduce el interés, introduce dividendo mensual de $0.01.