Razor Energy Corp. (OTCMKTS:RZREF – Get Rating) was the target of a large decline in short interest in the month of August. As of August 15th, there was short interest totalling 27,100 shares, a decline of 56.3% from the July 31st total of 62,000 shares. Based on an average trading volume of 65,300 shares, the short-interest ratio is presently 0.4 days.
Razor Energy Stock Up 7.3 %
Shares of OTCMKTS RZREF traded up $0.15 during midday trading on Friday, hitting $2.14. 30,730 shares of the company's stock were exchanged, compared to its average volume of 35,415. Razor Energy has a 12-month low of $0.00 and a 12-month high of $4.00. The business's fifty day moving average price is $1.71 and its two-hundred day moving average price is $1.93.
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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.Featured Articles
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