CES Energy Solutions Corp. (OTCMKTS:CESDF) Short Interest Down 10.8% in November

CES Energy Solutions Corp. (OTCMKTS:CESDF) was the target of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 937,800 shares, a decrease of 10.8% from the October 31st total of 1,051,900 shares. Based on an average daily volume of 38,000 shares, the short-interest ratio is presently 24.7 days.

CES Energy Solutions Stock Performance

CESDF traded up $0.08 on Tuesday, reaching $6.94. 962 shares of the company traded hands, compared to its average volume of 12,537. CES Energy Solutions has a 52-week low of $2.42 and a 52-week high of $6.98. The stock’s 50 day moving average price is $6.01 and its 200-day moving average price is $5.64.

CES Energy Solutions Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were paid a $0.0219 dividend. This represents a dividend yield of 1.55%. The ex-dividend date of this dividend was Monday, September 30th. CES Energy Solutions’s dividend payout ratio (DPR) is presently 97.87%.

CES Energy Solutions Company Profile

CES Energy Solutions Corp., together with its subsidiaries, engages in design, implement, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. The company provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets.