The Reserve Petroleum Company (OTCMKTS:RSRV – Get Free Report) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 13 shares, an increase of 1,200.0% from the September 15th total of 1 shares. Based on an average daily trading volume, of 139 shares, the days-to-cover ratio is presently 0.1 days.
Reserve Petroleum Stock Performance
Reserve Petroleum stock remained flat at $211.00 during mid-day trading on Friday. The company’s fifty day moving average price is $216.96 and its 200 day moving average price is $218.48. Reserve Petroleum has a fifty-two week low of $165.00 and a fifty-two week high of $236.00.
Reserve Petroleum (OTCMKTS:RSRV – Get Free Report) last announced its quarterly earnings results on Friday, August 14th. The company reported $16.82 earnings per share (EPS) for the quarter. The company had revenue of $6.07 million during the quarter.
About Reserve Petroleum
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