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

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

Allied Resources Stock Performance

Allied Resources stock opened at $0.20 on Friday. Allied Resources has a fifty-two week low of $0.08 and a fifty-two week high of $0.27. The stock has a market cap of $1.13 million, a P/E ratio of -10.00 and a beta of 0.53. The firm’s fifty day moving average price is $0.24 and its 200-day moving average price is $0.22.

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.