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

ReoStar Energy Corp. (OTCMKTS:REOS) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 6,948 shares, an increase of ∞ from the April 15th total of 0 shares. Based on an average daily volume of 1,041,948 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

ReoStar Energy Trading Down 17.5%

Shares of OTCMKTS:REOS traded down $0.00 on Friday, hitting $0.02. The company’s stock had a trading volume of 139,325 shares, compared to its average volume of 355,173. ReoStar Energy has a 12 month low of $0.00 and a 12 month high of $0.04. The stock’s 50-day moving average is $0.02 and its two-hundred day 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.