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

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

ReoStar Energy Stock Performance

Shares of REOS opened at $0.02 on Tuesday. ReoStar Energy has a fifty-two week low of $0.00 and a fifty-two week high of $0.04. The firm has a 50-day simple moving average of $0.02 and a 200-day simple moving average of $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.