ReoStar Energy Corp. (OTCMKTS:REOS) Short Interest Down 33.3% in August

ReoStar Energy Corp. (OTCMKTS:REOS) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 200 shares, a drop of 33.3% from the August 15th total of 300 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 124,959 shares, the days-to-cover ratio is currently 0.0 days.

ReoStar Energy Stock Performance

OTCMKTS:REOS opened at $0.03 on Friday. The firm has a fifty day simple moving average of $0.02 and a two-hundred day simple moving average of $0.02. ReoStar Energy has a 12 month low of $0.00 and a 12 month high of $0.04.

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.