Calfrac Well Services Ltd. (OTCMKTS:CFWFF) Short Interest Up 492.7% in October

Calfrac Well Services Ltd. (OTCMKTS:CFWFF) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 318,300 shares, an increase of 492.7% from the October 15th total of 53,700 shares. Based on an average trading volume of 1,700 shares, the short-interest ratio is presently 187.2 days.

Calfrac Well Services Price Performance

CFWFF stock traded up $0.12 during mid-day trading on Tuesday, hitting $2.75. 3,805 shares of the company were exchanged, compared to its average volume of 4,739. Calfrac Well Services has a twelve month low of $2.61 and a twelve month high of $4.00. The firm has a fifty day simple moving average of $2.83 and a 200 day simple moving average of $2.96.

About Calfrac Well Services

Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, and Argentina. It offers hydraulic fracturing, coiled tubing, cementing, and other well completion services for the oil and natural gas industry. The company was founded in 1999 and is headquartered in Calgary, Canada.