Obsidian Energy LTD. (NYSE:OBE) had a decrease of its shorted shares by 3.97%. FINRA issued in April OBE’s total 8.81 million shorted shares. That’s 3.97% down from 9.17 million shares. Previous OBE’s position will need 9 days to recover. It has 961,900 average volume. Obsidian Energy LTD. float short is 1.81%.

The stock decreased 5.23% or $0.0145 during the last trading session, reaching $0.2628.Obsidian Energy Ltd. has 1.24 million shares volume, 11.83% up from normal. OBE is downtrending and has moved 58.78% since April 3, 2018. The stock underperformed the S&P 500 by 63.15%.

Obsidian Energy Ltd. explores for, develops, and produces oil and natural gas properties in western Canada.The firm is valued at $132.63 million. It primarily holds interest in the Cardium Resource Play that covers an area of approximately 400 net sections of developed and undeveloped land located in west central Alberta; Peace River Resource Play covering an area of 235 net sections of developed and undeveloped land located in northwestern Alberta; and Viking Resource Play that covers an area of approximately 170 net sections of developed and undeveloped land located in north-central Alberta.Currently it has negative earnings. The firm was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017.

For more Obsidian Energy Ltd. (NYSE:OBE) news announced recently go to: Prnewswire.com, Seekingalpha.com, Fool.com, Gurufocus.com or Streetinsider.com. The titles are as follows: “Obsidian Energy Announces Gordon Ritchie to replace Jay W. Thornton as Chairman of the Board of Directors – PRNewswire” announced on February 21, 2019, “Obsidian Energy: A Leveraged Bet On Oil And Gas Prices – Seeking Alpha” on September 20, 2018, “Why Obsidian Energy Ltd’s Stock Is Soaring Today – The Motley Fool” with a publish date: March 21, 2018, “Stocks That Fell to 3-Year Lows in the Week of March 29 – GuruFocus.com” and the last “WWP, Plc (WPP) Appoints Cindy Rose OBE to Board – StreetInsider.com” with publication date: March 12, 2019.