The Reserve Petroleum Company (OTCMKTS:RSRV) Stock Short Interest Report for October

The Reserve Petroleum Company (OTCMKTS:RSRV) was the target of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 1 shares, a decline of 90.9% from the October 15th total of 11 shares. Based on an average daily trading volume, of 49 shares, the short-interest ratio is currently 0.0 days.

Reserve Petroleum Stock Performance

RSRV remained flat at $222.00 during trading on Thursday. 8 shares of the company’s stock were exchanged, compared to its average volume of 131. The company has a 50 day simple moving average of $223.58 and a 200-day simple moving average of $215.37. Reserve Petroleum has a twelve month low of $166.00 and a twelve month high of $240.00.

Reserve Petroleum (OTCMKTS:RSRV) last announced its quarterly earnings data on Friday, August 14th. The company reported $16.82 earnings per share (EPS) for the quarter. The business had revenue of $6.07 million during the quarter.

About Reserve Petroleum

Reserve Petroleum Corporation is an oil and natural gas company whose business activities have centered on the acquisition, exploration, development and production of domestic oil and natural gas properties. The company has also held interests in producing wells and related oil and gas assets. Reserve Petroleum has historically operated as an independent energy company, with its activities focused on managing and developing petroleum interests rather than providing energy services or selling finished products directly to consumers.