PrairieSky Royalty Ltd. (OTCMKTS:PREKF – Get Free Report) saw a large decline in short interest in October. As of October 15th, there was short interest totalling 4,367,900 shares, a decline of 18.2% from the September 30th total of 5,340,100 shares. Based on an average trading volume of 37,900 shares, the days-to-cover ratio is currently 115.2 days.
Wall Street Analyst Weigh In
Separately, Raymond James assumed coverage on shares of PrairieSky Royalty in a research report on Friday, October 18th. They set a “market perform” rating and a $33.00 price objective on the stock.
Read Our Latest Research Report on PREKF
PrairieSky Royalty Trading Down 1.2 %
PrairieSky Royalty Company Profile
PrairieSky Royalty Ltd., a pure-play royalty company, holds crude oil and natural gas royalty interests in Canada. It holds an interest in approximately 9.7 million acres with petroleum and/or natural gas rights, 8.5 million acres of gross overriding royalty interests, and other acreage. The company was incorporated in 2013 and is based in Calgary, Canada.
Read More
- Five stocks we like better than PrairieSky Royalty
- What Are the FAANG Stocks and Are They Good Investments?
- Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
- CD Calculator: Certificate of Deposit Calculator
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- Earnings Per Share Calculator: How to Calculate EPS
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
Receive News & Ratings for PrairieSky Royalty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PrairieSky Royalty and related companies with MarketBeat.com's FREE daily email newsletter.