Short Interest in Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Decreases By 78.6%

by · The Markets Daily

Cathedral Energy Services Ltd. (OTCMKTS:CETEF – Get Free Report) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 20,000 shares, a decrease of 78.6% from the November 30th total of 93,600 shares. Based on an average daily volume of 9,900 shares, the short-interest ratio is presently 2.0 days.

Cathedral Energy Services Price Performance

CETEF stock traded up C$0.05 during trading hours on Thursday, reaching C$4.42. 384 shares of the stock were exchanged, compared to its average volume of 2,934. The firm’s 50-day moving average is C$4.44 and its 200-day moving average is C$3.87. Cathedral Energy Services has a 12 month low of C$3.64 and a 12 month high of C$5.02.

Cathedral Energy Services Company Profile

(Get Free Report)

Cathedral Energy Services Ltd., together with its subsidiaries, provides directional drilling services to oil and natural gas companies in western Canada and the United States. It offers remote directional and measurement-while-drilling (MWD), automated gamma, drilling optimization, and well planning services.

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