STEP Energy Services Ltd. (OTCMKTS:SNVVF) Short Interest Up 22.3% in September

STEP Energy Services Ltd. (OTCMKTS:SNVVF) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 349,500 shares, an increase of 22.3% from the September 15th total of 285,800 shares. Based on an average trading volume of 4,500 shares, the short-interest ratio is currently 77.7 days.

STEP Energy Services Price Performance

Shares of OTCMKTS SNVVF remained flat at $2.76 during mid-day trading on Friday. The stock had a trading volume of 1,300 shares, compared to its average volume of 10,887. The company has a 50 day moving average price of $2.88 and a 200-day moving average price of $2.93. STEP Energy Services has a 12 month low of $2.52 and a 12 month high of $3.56.

About STEP Energy Services

STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. It also provides fluid pumping services for coiled tubing operations and involved in standalone projects; pipeline commissioning and maintenance services; fracturing logistics services; and laboratory services.