Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Short Interest Update

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

Cathedral Energy Services Stock Performance

Shares of CETEF opened at C$4.77 on Friday. The firm’s fifty day simple moving average is C$4.45 and its 200-day simple moving average is C$3.87. Cathedral Energy Services has a twelve month low of C$3.82 and a twelve month 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.