Short Interest in The Reserve Petroleum Company (OTCMKTS:RSRV) Rises By ∞

The Reserve Petroleum Company (OTCMKTS:RSRV) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 5 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 155 shares, the short-interest ratio is presently 0.0 days.

Reserve Petroleum Stock Performance

Shares of Reserve Petroleum stock traded down $4.00 on Thursday, hitting $207.00. The stock had a trading volume of 2 shares, compared to its average volume of 115. The stock has a 50 day moving average of $220.95 and a 200 day moving average of $205.81. Reserve Petroleum has a twelve month low of $154.00 and a twelve month high of $234.50.

Reserve Petroleum (OTCMKTS:RSRV) last posted its earnings results on Friday, May 15th. The company reported $6.64 EPS for the quarter. The business had revenue of $5.55 million for the quarter.

About Reserve Petroleum

Reserve Petroleum (OTCMKTS:RSRV) is an independent oil and gas exploration and production company focused on the identification, acquisition and development of hydrocarbon reserves in the United States. The company’s primary activities include geological prospect evaluation, drilling, well completion and production optimization. By leveraging technical expertise in reservoir characterization and field development planning, Reserve Petroleum aims to convert identified reserves into sustained cash flow and long-term production growth.

Operations are concentrated in onshore basins along the U.S.