July 27, 2018 - By Carolyn Hewitt

Freestone Resources, Inc. (OTCMKTS:FSNR) Logo

The stock of FREESTONE RESOURCES INC (OTCMKTS:FSNR) registered an increase of 5.88% in short interest. FSNR’s total short interest was 1,800 shares in July as published by FINRA. Its up 5.88% from 1,700 shares, reported previously.

It closed at $0.035 lastly. It is down 0.00% since July 27, 2017 and is . It has underperformed by 12.57% the S&P500.

Freestone Resources, Inc., an oil and gas technology development company, engages in developing and marketing technologies and solvents for various sectors in the gas and oil industry. The company has market cap of $3.22 million. The firm offers Petrozene solvent that is primarily used to dissolve paraffin buildup and used for pipelines, oil storage tanks, oil sludge build up, de-emulsification, and well treatment, as well as used as a corrosion inhibitor and as a catalyst in opening up formations thereby aiding in oil production. It currently has negative earnings. It also provides specialized off-the-road tire repair services; offers disposal services for OTR tires; sells used OTR tires; and recycles OTR tires.

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