EnerJex Resources Inc (NYSE:ENRJ) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 43,985 shares, an increase of 5,604.9% from the June 30th total of 771 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily volume of 74,589 shares, the days-to-cover ratio is presently 0.6 days.
Shares of EnerJex Resources (NYSE:ENRJ) traded up 1.86% during trading on Tuesday, reaching $0.28. The company’s stock had a trading volume of 4,988 shares. EnerJex Resources has a 52-week low of $0.17 and a 52-week high of $1.39. The firm’s 50-day moving average is $0.30 and its 200 day moving average is $0.29. The company’s market cap is $2.36 million.
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.
