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

ReoStar Energy Corp. (OTCMKTS:REOS) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 2,067 shares, a growth of ∞ from the May 31st total of 0 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 152,369 shares, the days-to-cover ratio is presently 0.0 days.

ReoStar Energy Price Performance

ReoStar Energy stock opened at $0.01 on Wednesday. ReoStar Energy has a 12 month low of $0.00 and a 12 month high of $0.04. The business’s fifty day simple moving average is $0.02 and its two-hundred day simple moving average is $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. 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.