Total Energy Services Inc. (OTCMKTS:TOTZF) Sees Significant Decrease in Short Interest

Total Energy Services Inc. (OTCMKTS:TOTZF) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 14,200 shares, a drop of 24.9% from the September 30th total of 18,900 shares. Based on an average daily volume of 6,300 shares, the days-to-cover ratio is presently 2.3 days.

Total Energy Services Stock Up 0.9 %

Shares of TOTZF stock traded up $0.06 during midday trading on Tuesday, reaching $6.94. 1,805 shares of the company were exchanged, compared to its average volume of 3,154. The company’s 50 day moving average price is $6.98 and its two-hundred day moving average price is $6.96. Total Energy Services has a 12 month low of $5.42 and a 12 month high of $7.92.

Total Energy Services Company Profile

Total Energy Services Inc operates as an energy services company primarily in Canada, the United States, and Australia. It operates through Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing segments. The Contract Drilling Services segment operates a fleet of various drilling rigs supported by an extensive fleet of owned top drives, walking systems, pumps, and other ancillary equipment.