Source Energy Services Ltd. (OTCMKTS:SCEYF) Short Interest Update

Source Energy Services Ltd. (OTCMKTS:SCEYF) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 66,900 shares, a growth of 30.9% from the February 13th total of 51,100 shares. Based on an average trading volume of 4,200 shares, the days-to-cover ratio is presently 15.9 days.

Source Energy Services Price Performance

Source Energy Services stock traded up $0.79 on Tuesday, reaching $6.79. The company’s stock had a trading volume of 1,100 shares, compared to its average volume of 2,153. The business’s fifty day moving average price is $9.27 and its 200 day moving average price is $9.93. Source Energy Services has a twelve month low of $6.00 and a twelve month high of $12.93.

Source Energy Services Company Profile

Source Energy Services Ltd. engages in the production and distribution of Northern White frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops Sahara, a wellsite mobile sand storage and handling system.