Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Short Interest Up 12.6% in January

Cathedral Energy Services Ltd. (OTCMKTS:CETEF) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 34,900 shares, an increase of 12.6% from the January 15th total of 31,000 shares. Based on an average daily volume of 2,200 shares, the short-interest ratio is currently 15.9 days.

Cathedral Energy Services Stock Up 1.1 %

Cathedral Energy Services stock traded up C$0.05 during midday trading on Friday, hitting C$4.26. 600 shares of the company’s stock were exchanged, compared to its average volume of 1,818. Cathedral Energy Services has a 12 month low of C$3.91 and a 12 month high of C$5.02. The firm has a 50-day moving average of C$4.45 and a two-hundred day moving average of C$4.36.

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.