Short Interest in Total Energy Services Inc. (OTCMKTS:TOTZF) Increases By 68.0%

Total Energy Services Inc. (OTCMKTS:TOTZFGet Free Report) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 8,400 shares, a growth of 68.0% from the November 30th total of 5,000 shares. Based on an average daily trading volume, of 5,500 shares, the days-to-cover ratio is currently 1.5 days.

Total Energy Services Price Performance

TOTZF stock remained flat at $8.25 during mid-day trading on Friday. The company’s fifty day moving average is $7.91 and its 200-day moving average is $7.26. Total Energy Services has a 1 year low of $5.72 and a 1 year high of $8.71.

Total Energy Services Company Profile

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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.

Further Reading

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