Calfrac Well Services Ltd. (OTCMKTS:CFWFF) Short Interest Update

Calfrac Well Services Ltd. (OTCMKTS:CFWFF) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totalling 7,200 shares, a drop of 12.2% from the May 31st total of 8,200 shares. Based on an average daily trading volume, of 4,600 shares, the days-to-cover ratio is currently 1.6 days.

Calfrac Well Services Stock Performance

Calfrac Well Services stock remained flat at $3.04 during midday trading on Friday. The firm’s 50 day moving average price is $3.06 and its 200 day moving average price is $3.30. Calfrac Well Services has a 1 year low of $2.76 and a 1 year high of $4.56.

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.