Leucrotta Exploration Inc. (OTCMKTS: LCRTF) Short Interest Down 98.5% in April

Leucrotta Exploration Inc. (OTCMKTS:LCRTF – Get Rating) saw a sharp drop in short-term interest in April. As of April 30, there was short interest totaling 100 shares, a 98.5% decline from the April 15 total of 6,600 shares. Based on an average trading volume of 49,700 shares, the day-to-cover ratio is currently 0.0 day.

Several brokerages have recently commented on LCRTF. Royal Bank of Canada raised its target price on Leucrotta Exploration from C$1.10 to C$1.50 in a Friday, March 18 research report. Stifel Nicolaus raised his price target on Leucrotta Exploration from CA$1.50 to CA$2.10 in a Tuesday, March 29 research report.

OTCMKTS: LCRTF opened at $1.63 on Thursday. Leucrotta Exploration has a 12-month low of $0.53 and a 12-month high of $1.67. The company has a 50-day simple moving average of $1.34 and a 200-day simple moving average of $0.92.

About Leucrotta Exploration (Get an assessment)

Leucrotta Exploration Inc, an oil and gas company, acquires, explores, develops and produces oil and natural gas reserves in northeastern British Columbia, Canada. As of December 31, 2020, she owned approximately 201,700 net acres of land. The company was incorporated in 2014 and is based in Calgary, Canada.

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