Lilis Energy Inc (NYSE:LLEX) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totalling 3,652,147 shares, a growth of 3.9% from the August 15th total of 3,515,518 shares. Based on an average daily trading volume, of 395,569 shares, the days-to-cover ratio is presently 9.2 days. Currently, 11.3% of the company’s stock are sold short.
Shares of Lilis Energy (NYSE LLEX) opened at 3.83 on Friday. Lilis Energy has a 52-week low of $2.10 and a 52-week high of $5.69. The stock’s 50 day moving average is $3.85 and its 200-day moving average is $4.36. The firm’s market cap is $194.63 million.
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About Lilis Energy
Lilis Energy, Inc is an upstream independent oil and gas company. The Company is engaged in the acquisition, drilling and production of oil and natural gas properties and prospects. The Company drills for, operates and produces oil and natural gas wells through its land holdings located in Wyoming, Colorado, and Nebraska.
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