Short Interest in Calfrac Well Services Ltd. (OTCMKTS:CFWFF) Increases By 19.2%

Calfrac Well Services Ltd. (OTCMKTS:CFWFF) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 31,000 shares, a growth of 19.2% from the August 15th total of 26,000 shares. Based on an average daily trading volume, of 3,500 shares, the days-to-cover ratio is presently 8.9 days.

Calfrac Well Services Trading Down 1.8 %

Shares of OTCMKTS:CFWFF traded down $0.05 during midday trading on Tuesday, reaching $2.83. 4,139 shares of the company were exchanged, compared to its average volume of 4,747. Calfrac Well Services has a fifty-two week low of $2.76 and a fifty-two week high of $4.22. The stock has a fifty day simple moving average of $3.00 and a two-hundred day simple moving average of $3.08.

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.