Short Interest in EnerJex Resources Inc (ENRJ) Rises By 25.1%
EnerJex Resources Inc (NYSE:ENRJ) was the recipient of a large growth in short interest in October. As of October 13th, there was short interest totalling 294,907 shares, a growth of 25.1% from the September 29th total of 235,651 shares. Approximately 4.5% of the shares of the company are sold short. Based on an average daily volume of 99,571 shares, the short-interest ratio is currently 3.0 days.
EnerJex Resources (ENRJ) traded down 5.000% during midday trading on Tuesday, hitting $0.304. The stock had a trading volume of 1,136,589 shares. The firm has a 50-day moving average of $0.30 and a 200 day moving average of $0.32. The firm has a market capitalization of $3.14 million and a P/E ratio of 1.583. EnerJex Resources has a 52-week low of $0.21 and a 52-week high of $1.15.
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About EnerJex Resources
EnerJex Resources, Inc is an independent energy company. The Company is engaged in the acquisition, development, exploitation and production of crude oil and natural gas properties in the United States. The crude oil and natural gas is obtained by the acquisition and subsequent exploration and development of mineral leases.
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