Razor Energy Corp. (OTCMKTS:RZREF – Get Rating) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 1,000 shares, a drop of 33.3% from the November 30th total of 1,500 shares. Based on an average trading volume of 50,400 shares, the days-to-cover ratio is presently 0.0 days.
Razor Energy Price Performance
Shares of RZREF remained flat at $0.90 during midday trading on Thursday. The firm has a 50-day moving average price of $1.24 and a 200-day moving average price of $1.44. Razor Energy has a 52-week low of $0.00 and a 52-week high of $4.00.
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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.Read More
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