Short Interest in Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Rises By 31.5%

Cathedral Energy Services Ltd. (OTCMKTS:CETEF) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 26,300 shares, an increase of 31.5% from the December 31st total of 20,000 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is currently 37.6 days.

Cathedral Energy Services Price Performance

Shares of CETEF remained flat at C$4.34 during trading hours on Thursday. The stock had a trading volume of 1,500 shares, compared to its average volume of 1,600. The firm has a fifty day moving average of C$4.50 and a 200 day moving average of C$4.03. Cathedral Energy Services has a one year low of C$3.91 and a one year high of C$5.02.

Cathedral Energy Services Company Profile

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.