Source Energy Services Ltd. (OTCMKTS:SCEYF) Short Interest Update

Source Energy Services Ltd. (OTCMKTS:SCEYF) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 5,700 shares, a growth of 137.5% from the June 30th total of 2,400 shares. Based on an average daily trading volume, of 3,700 shares, the days-to-cover ratio is presently 1.5 days.

Source Energy Services Stock Performance

OTCMKTS SCEYF traded up $0.42 during trading hours on Friday, reaching $9.29. The company’s stock had a trading volume of 800 shares, compared to its average volume of 1,856. Source Energy Services has a 1-year low of $3.09 and a 1-year high of $11.41. The company’s 50-day moving average is $8.36 and its two-hundred day moving average is $8.17.

About Source Energy Services

Source Energy Services Ltd. engages in the production and distribution of Northern White frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops Sahara, a wellsite mobile sand storage and handling system.