Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Sees Large Growth in Short Interest

Cathedral Energy Services Ltd. (OTCMKTS:CETEFGet Free Report) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 56,200 shares, an increase of 18.1% from the February 13th total of 47,600 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is currently 112.4 days.

Cathedral Energy Services Price Performance

OTCMKTS:CETEF opened at C$3.93 on Friday. Cathedral Energy Services has a fifty-two week low of C$3.91 and a fifty-two week high of C$5.02. The company has a 50 day moving average price of C$4.24 and a 200 day moving average price of C$4.33.

About Cathedral Energy Services

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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.

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