Short interest in Ring Energy Inc (AMEX:REI) decreased during the last reporting period, falling from 13.90M to 12.54M. This put 8.53% of the company's publicly available shares short.

Short interest for Ring Energy gives investors a sense of the degree to which investors are betting on the decline of Ring Energy's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 1.50M shares traded per day, it would take 8.37 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.