Ensign Energy Services Inc. (OTCMKTS:ESVIF) Sees Significant Drop in Short Interest

Ensign Energy Services Inc. (OTCMKTS:ESVIF) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totalling 1,258,000 shares, a drop of 6.9% from the December 31st total of 1,351,100 shares. Based on an average daily trading volume, of 36,800 shares, the short-interest ratio is presently 34.2 days.

Ensign Energy Services Price Performance

Shares of OTCMKTS ESVIF traded down $0.17 during trading on Monday, hitting $2.00. The company had a trading volume of 79,992 shares, compared to its average volume of 38,410. Ensign Energy Services has a 52 week low of $1.54 and a 52 week high of $2.45. The business’s 50-day moving average is $2.13 and its 200 day moving average is $2.00.

About Ensign Energy Services

Ensign Energy Services Inc, together with its subsidiaries, provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. The company offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including horizontal, underbalanced, horizontal re-entry, and slant drilling for steam assisted gravity drainage applications; and equipment and services.