China Oilfield Services Limited (OTCMKTS:CHOLF) Sees Large Increase in Short Interest

China Oilfield Services Limited (OTCMKTS:CHOLF) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 1,146,100 shares, an increase of 354.6% from the August 15th total of 252,100 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

China Oilfield Services Stock Performance

CHOLF remained flat at $0.81 during trading on Thursday. The business has a fifty day moving average price of $0.91 and a two-hundred day moving average price of $0.95. China Oilfield Services has a one year low of $0.81 and a one year high of $0.81.

About China Oilfield Services

China Oilfield Services Limited, together with its subsidiaries, provides integrated offshore oilfield services in Mainland China and internationally. The company operates through four segments: Geophysical Services, Drilling Services, Well Services, and Marine and Transportation Services. The Geophysical Services segment provides marine seismic acquisition, seismic data processing and interpretation, geo-technical survey, geotechnical and marine environmental investigation, subsea engineering, deep water engineering surveying, groundwork and foundation construction engineering, offshore engineering support, consulting services, and equipment manufacture.