STEP Energy Services Ltd. (OTCMKTS:SNVVF) Short Interest Update

STEP Energy Services Ltd. (OTCMKTS:SNVVF) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 387,600 shares, an increase of 16.4% from the October 15th total of 332,900 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is currently 352.4 days.

STEP Energy Services Price Performance

Shares of SNVVF stock traded down $0.06 during trading hours on Friday, reaching $3.59. The company’s stock had a trading volume of 8,750 shares, compared to its average volume of 11,705. STEP Energy Services has a one year low of $2.52 and a one year high of $3.66. The firm’s fifty day simple moving average is $2.89 and its 200 day simple moving average is $2.97.

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.