Short Interest in ReoStar Energy Corp. (OTCMKTS:REOS) Declines By 29.3%

ReoStar Energy Corp. (OTCMKTS:REOS) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 10,600 shares, a decline 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 Trading Up 11.1 %

Shares of OTCMKTS:REOS traded up $0.00 during trading on Wednesday, hitting $0.02. The company’s stock had a trading volume of 55,000 shares, compared to its average volume of 43,625. ReoStar Energy has a fifty-two week low of $0.00 and a fifty-two week high of $0.02. The stock’s 50-day moving average price is $0.02 and its two-hundred day moving average price is $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.