ReoStar Energy Corp. (OTCMKTS:REOS) Short Interest Up ∞ in April

ReoStar Energy Corp. (OTCMKTS:REOS) saw 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. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 1,041,948 shares, the short-interest ratio is presently 0.0 days.

ReoStar Energy Stock Performance

Shares of OTCMKTS REOS remained flat at $0.02 during midday trading on Monday. 139,325 shares of the company’s stock were exchanged, compared to its average volume of 218,316. The company’s 50-day moving average is $0.02 and its 200-day moving average is $0.01. ReoStar Energy has a fifty-two week low of $0.00 and a fifty-two week high of $0.04.

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.