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

Razor Energy Corp. (OTCMKTS:RZREFGet Rating) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 20,900 shares, a decrease of 20.8% from the March 31st total of 26,400 shares. Based on an average daily trading volume, of 61,200 shares, the days-to-cover ratio is presently 0.3 days.

Shares of RZREF traded down $0.16 during trading hours on Tuesday, hitting $2.10. 24,501 shares of the stock were exchanged, compared to its average volume of 36,627. Razor Energy has a fifty-two week low of $0.00 and a fifty-two week high of $4.00. The business has a 50-day moving average of $2.24 and a 200-day moving average of $1.22.

Razor Energy Company Profile (Get Rating)

Razor Energy Corp. engages in the acquisition, exploration, development, and production of oil and natural gas properties in Alberta. As of December 31, 2020, it operated assets in the Swan Hills area covering 166,240 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 78,190 gross acres of total land located in the southern Alberta.

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