Short Interest in ReoStar Energy Corp. (OTCMKTS:REOS) Increases By 23.2%

ReoStar Energy Corp. (OTCMKTS:REOS) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 17,000 shares, an increase of 23.2% from the November 15th total of 13,800 shares. Based on an average daily trading volume, of 133,500 shares, the short-interest ratio is currently 0.1 days.

ReoStar Energy Price Performance

REOS stock remained flat at $0.02 during midday trading on Friday. The company’s stock had a trading volume of 5,500 shares, compared to its average volume of 49,942. ReoStar Energy has a one year low of $0.00 and a one year high of $0.02. The company’s fifty day simple moving average is $0.01 and its 200-day simple moving average is $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.