Dawson Geophysical (NASDAQ:DWSN) Short Interest Update

Dawson Geophysical (NASDAQ:DWSN) was the target of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 6,100 shares, a drop of 7.6% from the November 15th total of 6,600 shares. Based on an average daily trading volume, of 12,500 shares, the days-to-cover ratio is presently 0.5 days.

Dawson Geophysical Trading Down 1.6 %

DWSN stock traded down $0.02 during midday trading on Monday, hitting $1.48. 6,782 shares of the company’s stock were exchanged, compared to its average volume of 14,664. Dawson Geophysical has a one year low of $1.27 and a one year high of $2.22. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.50 and a current ratio of 1.50. The company has a market cap of $45.85 million, a PE ratio of -8.06 and a beta of 0.64. The stock’s fifty day moving average price is $1.58 and its 200-day moving average price is $1.70.

About Dawson Geophysical

Dawson Geophysical Company provides onshore seismic data acquisition and processing services in the United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for its clients, including oil and gas companies, and independent oil and gas operators, as well as providers of multi-client data libraries and carbon capture sequestration projects.