TransAtlantic Petroleum Ltd (NYSE:TAT) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 77,700 shares, a decline of 69.3% from the September 15th total of 253,114 shares. Based on an average daily volume of 188,941 shares, the short-interest ratio is presently 0.4 days. Approximately 0.3% of the company’s stock are short sold.

TransAtlantic Petroleum (NYSE:TAT) opened at 1.22 on Wednesday. TransAtlantic Petroleum has a 52-week low of $0.52 and a 52-week high of $2.98. The firm’s 50-day moving average is $1.06 and its 200-day moving average is $0.89. The firm’s market cap is $57.13 million.

TransAtlantic Petroleum (NYSE:TAT) last posted its earnings results on Thursday, August 4th. The company reported ($0.16) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by $0.12. Analysts forecast that TransAtlantic Petroleum will post ($0.32) EPS for the current fiscal year.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at

Separately, TD Securities reaffirmed a “hold” rating and issued a $1.20 price objective (down previously from $1.50) on shares of TransAtlantic Petroleum in a research note on Sunday, August 21st.

A hedge fund recently raised its stake in TransAtlantic Petroleum stock. Spark Investment Management LLC increased its stake in TransAtlantic Petroleum Ltd (NYSE:TAT) by 21.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 137,500 shares of the company’s stock after buying an additional 24,700 shares during the period. Spark Investment Management LLC owned approximately 0.34% of TransAtlantic Petroleum worth $112,000 at the end of the most recent reporting period.

About TransAtlantic Petroleum

TransAtlantic Petroleum Ltd. is a holding company. The Company is an international oil and natural gas company engaged in acquisition, exploration, development and production. Its segments include Turkey and Bulgaria. The Company holds interests in approximately 880,000 and 567,000 net acres of developed and undeveloped oil and natural gas properties in Turkey and Bulgaria, respectively.

5 Day Chart for NYSE:TAT

Receive News & Ratings for TransAtlantic Petroleum Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransAtlantic Petroleum Ltd and related companies with's FREE daily email newsletter.