ReoStar Energy Corp. (OTCMKTS:REOS) Sees Large Growth in Short Interest

ReoStar Energy Corp. (OTCMKTS:REOSGet Free Report) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 6,948 shares, a growth of ∞ from the April 15th total of 0 shares. Based on an average trading volume of 1,041,948 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

ReoStar Energy Stock Down 17.5%

Shares of REOS stock traded down $0.00 during trading on Friday, reaching $0.02. The company had a trading volume of 139,325 shares, compared to its average volume of 355,173. The firm’s 50 day simple moving average is $0.02 and its two-hundred day simple moving average is $0.01. ReoStar Energy has a one year low of $0.00 and a one year high of $0.04.

ReoStar Energy Company Profile

(Get Free Report)

ReoStar Energy Corporation engages in the exploration, development, and acquisition of oil and gas properties primarily in Texas. It owns approximately 9,000 acres of leasehold, which include 5,000 acres of exploratory and developmental prospects, as well as 4,000 acres of enhanced oil recovery prospects. The company was formerly known as Goldrange Resources, Inc and changed its name to ReoStar Energy Corporation in November 2004. ReoStar Energy Corporation was incorporated in 2004 and is headquartered in Fort Worth, Texas.

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