Allied Resources, Inc. (OTCMKTS:ALOD) Short Interest Up 200.0% in January

Allied Resources, Inc. (OTCMKTS:ALOD) saw a significant growth in short interest in January. As of January 31st, there was short interest totalling 300 shares, a growth of 200.0% from the January 15th total of 100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 3.0 days.

Allied Resources Stock Performance

Shares of OTCMKTS ALOD remained flat at $0.12 during midday trading on Wednesday. The firm has a market cap of $649,750.00, a PE ratio of -2.88 and a beta of 0.52. The stock has a 50-day moving average price of $0.09 and a two-hundred day moving average price of $0.12. Allied Resources has a 52 week low of $0.09 and a 52 week high of $0.20.

About Allied Resources

Allied Resources, Inc, an independent oil and natural gas producer, engages in the exploration, development, production, and sale of oil and gas in the United States. It owns varying interests in a total of 145 wells situated on acreage of approximately 3,400 acres in Ritchie and Calhoun counties, West Virginia; and 10 wells situated on acreage of approximately 2,510 acres in Goliad, Edwards, and Jackson counties, Texas.