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

Cathedral Energy Services Ltd. (OTCMKTS:CETEFGet Free Report) was the recipient of a significant decrease in short interest in 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 trading volume, of 9,900 shares, the days-to-cover ratio is presently 2.0 days.

Cathedral Energy Services Trading Down 0.9 %

OTCMKTS:CETEF traded down C$0.04 during trading hours on Friday, reaching C$4.38. 1,214 shares of the stock were exchanged, compared to its average volume of 2,920. The firm has a 50 day simple moving average of C$4.44 and a 200-day simple moving average of C$3.88. Cathedral Energy Services has a 52 week low of C$3.64 and a 52 week high of C$5.02.

About Cathedral Energy Services

(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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