Lilis Energy, Inc. (NYSE:LLEX) was the target of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 3,672,262 shares, a drop of 0.9% from the October 13th total of 3,706,215 shares. Currently, 13.5% of the company’s stock are short sold. Based on an average daily volume of 117,605 shares, the days-to-cover ratio is presently 31.2 days.
Lilis Energy Company Profile
Lilis Energy, Inc is an upstream independent oil and gas company. The Company is engaged in the acquisition, drilling and production of oil and natural gas properties and prospects. The Company drills for, operates and produces oil and natural gas wells through its land holdings located in Wyoming, Colorado, and Nebraska.
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