ReoStar Energy Corp. (OTCMKTS:REOS) Sees Large Increase in Short Interest

ReoStar Energy Corp. (OTCMKTS:REOS) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 3,700 shares, a growth of 1,750.0% from the September 15th total of 200 shares. Based on an average trading volume of 95,536 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

ReoStar Energy Stock Performance

OTCMKTS REOS traded down $0.00 during trading on Friday, hitting $0.03. The stock had a trading volume of 100 shares, compared to its average volume of 34,045. The firm has a 50 day moving average price of $0.02 and a 200 day moving average price of $0.02. ReoStar Energy has a twelve month low of $0.00 and a twelve month high of $0.04.

About ReoStar Energy

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.