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Razor Energy Corp. (OTCMKTS:RZREF) Sees Large Decline in Short Interest

Financial News Live ·  Dec 13, 2022 06:11

Razor Energy Corp. (OTCMKTS:RZREF – Get Rating) saw a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 1,500 shares, a drop of 89.8% from the November 15th total of 14,700 shares. Based on an average daily trading volume, of 47,900 shares, the days-to-cover ratio is presently 0.0 days.

Razor Energy Stock Performance

OTCMKTS RZREF traded up $0.02 during trading hours on Monday, hitting $1.00. 6,770 shares of the company's stock traded hands, compared to its average volume of 32,144. Razor Energy has a 52 week low of $0.00 and a 52 week high of $4.00. The business's fifty day moving average price is $1.32 and its two-hundred day moving average price is $1.57.

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Razor Energy Company Profile

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Razor Energy Corp. engages in the acquisition, exploration, development, and production of oil and natural gas properties in Alberta. It operates assets in the Swan Hills area covering 155,520 gross acres of total land and the Kaybob area covering 84,320 gross acres of total land located in the west central Alberta, as well as the District South area covering 78,615 gross acres of total land located in the southern Alberta.

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