Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Short Interest Up 31.5% in December

Cathedral Energy Services Ltd. (OTCMKTS:CETEF) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 26,300 shares, a growth of 31.5% from the December 15th total of 20,000 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is presently 37.6 days.

Cathedral Energy Services Trading Up 3.8 %

Shares of Cathedral Energy Services stock traded up C$0.17 during trading hours on Friday, hitting C$4.77. The company had a trading volume of 400 shares, compared to its average volume of 1,500. The company’s 50-day moving average is C$4.45 and its two-hundred day moving average is C$3.87. Cathedral Energy Services has a twelve month low of C$3.82 and a twelve month high of C$5.02.

About Cathedral Energy Services

Cathedral Energy Services Ltd., together with its subsidiaries, provides directional drilling services to oil and natural gas companies in western Canada and the United States. It offers remote directional and measurement-while-drilling (MWD), automated gamma, drilling optimization, and well planning services.