Torchlight Energy jumps to 7-year peak after special dividend

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15/06/2021 17:06

** Torchlight Energy Resources shares  TRCH.O  jump 45.9% to
$5.22 in Tues trading 
    ** Stock rises as high as $5.37, highest level since early
2014
    ** Co said after the bell on Mon that it declared special
dividend of Series A preferred stock to be issued on a
one-for-one basis to common stockholders of record as of the
close of trading on June 24  urn:newsml:reuters.com:*:nACS7J1W2a
    ** TRCH one of top trending tickers on stocktwits.com
    ** YTD, TRCH now up ~650%
    ** Short interest in TRCH stood at 12.2% of float as of May
28, according to latest data from Refinitiv

 ((lewis.krauskopf@thomsonreuters.com; 646-223-6082; Reuters
Messaging: lewis.krauskopf.thomsonreuters.com@reuters.net,
Twitter: @LKrauskopf))