Razor Energy Corp. (OTCMKTS:RZREF) Short Interest Up 23.9% in May

Razor Energy Corp. (OTCMKTS:RZREFGet Rating) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 73,100 shares, a growth of 23.9% from the May 15th total of 59,000 shares. Based on an average trading volume of 52,500 shares, the days-to-cover ratio is presently 1.4 days.

RZREF opened at $1.65 on Friday. Razor Energy has a 12 month low of $0.00 and a 12 month high of $4.00. The stock has a fifty day moving average price of $2.27 and a 200-day moving average price of $1.55.

About Razor Energy (Get Rating)

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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