EnerJex Resources Inc (NYSE:ENRJ) Sees Significant Growth in Short Interest

EnerJex Resources Inc (NYSE:ENRJ) was the recipient of a significant growth in short interest during the month of July. As of July 14th, there was short interest totalling 365,602 shares, a growth of 14.5% from the June 30th total of 319,397 shares. Based on an average trading volume of 485,108 shares, the days-to-cover ratio is presently 0.8 days. Currently, 6.0% of the company’s shares are short sold.

Shares of EnerJex Resources (NYSE ENRJ) traded down 0.2572% on Tuesday, reaching $0.3103. The company had a trading volume of 241,564 shares. EnerJex Resources has a 52-week low of $0.21 and a 52-week high of $1.15. The company has a 50 day moving average price of $0.30 and a 200 day moving average price of $0.37. The stock’s market capitalization is $3.05 million.

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About EnerJex Resources

EnerJex Resources, Inc is an independent energy company. The Company is engaged in the acquisition, development, exploitation and production of crude oil and natural gas properties in the United States. The crude oil and natural gas is obtained by the acquisition and subsequent exploration and development of mineral leases.