ReoStar Energy Corp. (OTCMKTS:REOS) Sees Significant Increase in Short Interest

ReoStar Energy Corp. (OTCMKTS:REOS) was the recipient of a significant growth in short interest in November. As of November 30th, there was short interest totalling 17,000 shares, a growth of 23.2% from the November 15th total of 13,800 shares. Based on an average daily trading volume, of 133,500 shares, the short-interest ratio is presently 0.1 days.

ReoStar Energy Price Performance

Shares of REOS remained flat at $0.02 during trading hours on Friday. 5,500 shares of the company were exchanged, compared to its average volume of 49,942. ReoStar Energy has a one year low of $0.00 and a one year high of $0.02. The stock has a 50 day moving average price of $0.01 and a two-hundred day moving average price of $0.01.

ReoStar Energy Company Profile

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.