ReoStar Energy Corp. (OTCMKTS:REOS) Short Interest Update

ReoStar Energy Corp. (OTCMKTS:REOS) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 200 shares, a decrease of 33.3% from the August 15th total of 300 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 124,959 shares, the short-interest ratio is currently 0.0 days.

ReoStar Energy Price Performance

Shares of REOS stock remained flat at $0.03 during trading hours on Thursday. 15,100 shares of the company were exchanged, compared to its average volume of 46,064. The company’s fifty day simple moving average is $0.02 and its 200-day simple moving average is $0.02. ReoStar Energy has a 1-year low of $0.00 and a 1-year 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.