Allied Resources, Inc. (OTCMKTS:ALOD) Short Interest Update

Allied Resources, Inc. (OTCMKTS:ALOD) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 466 shares, a decrease of 86.6% from the January 29th total of 3,466 shares. Based on an average daily trading volume, of 625 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 625 shares, the days-to-cover ratio is presently 0.7 days.

Allied Resources Stock Performance

OTCMKTS ALOD opened at $0.20 on Thursday. The stock has a fifty day moving average of $0.24 and a 200-day moving average of $0.22. The stock has a market capitalization of $1.13 million, a P/E ratio of -10.00 and a beta of 0.53. Allied Resources has a 52 week low of $0.08 and a 52 week high of $0.27.

Allied Resources Company Profile

Allied Resources, Inc, an independent oil and natural gas producer, engages in the exploration, development, production, and sale of oil and gas in the United States. It owns varying interests in a total of 145 wells situated on acreage of approximately 3,400 acres in Ritchie and Calhoun counties, West Virginia; and 10 wells situated on acreage of approximately 2,510 acres in Goliad, Edwards, and Jackson counties, Texas. The company was formerly known as General Allied Oil and Gas Co and changed its name to Allied Resources, Inc in August 1998.