Short Interest in LRR Energy, L.P. (NASDAQ:LRE) Expands By 59.9%

LRR Energy, L.P. (NASDAQ:LRE) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 51,726 shares, a growth of 59.9% from the May 14th total of 32,350 shares. Based on an average daily trading volume, of 124,693 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.4% of the company’s stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of LRR Energy from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, LRR Energy has a consensus rating of “Hold”.

LRR Energy Trading Up 0.3%

LRR Energy stock traded up $0.00 during midday trading on Tuesday, reaching $1.31. 6,786 shares of the company’s stock were exchanged, compared to its average volume of 45,450. LRR Energy has a 52 week low of $1.00 and a 52 week high of $2.97. The stock’s 50-day simple moving average is $1.29 and its 200 day simple moving average is $1.35.

LRR Energy Company Profile

LRR Energy, L.P. (LRR Energy) operates, acquires, exploits and develops producing oil and natural gas properties in North America. The Company’s properties consist of onshore oil and natural gas properties. Its oil and natural gas properties include the Permian Basin region in West Texas and Southeast New Mexico, the Mid-Continent region in Oklahoma and East Texas, and the Gulf Coast region in Texas. As of December 31, 2014, the Company’s total estimated proved reserves were approximately 33.8 million barrels of oil equivalent (MMBoe), of which approximately 88% were proved developed reserves (approximately 73% proved developed producing and approximately 15% proved developed non-producing).