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

ReoStar Energy Corp. (OTCMKTS:REOS) was the target of a large drop in short interest in December. As of December 31st, there was short interest totalling 10,600 shares, a drop of 29.3% from the December 15th total of 15,000 shares. Based on an average daily trading volume, of 65,600 shares, the short-interest ratio is currently 0.2 days.

ReoStar Energy Price Performance

Shares of REOS stock remained flat at $0.02 during trading hours on Friday. ReoStar Energy has a 52-week low of $0.00 and a 52-week high of $0.02. The company has a 50 day moving average price of $0.02 and a 200-day moving average price of $0.01.

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.