China Oilfield Services Limited (OTCMKTS:CHOLF) Sees Significant Growth in Short Interest

China Oilfield Services Limited (OTCMKTS:CHOLF) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 748,100 shares, a growth of 19.1% from the December 31st total of 628,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 7,481.0 days.

China Oilfield Services Price Performance

Shares of OTCMKTS:CHOLF remained flat at $0.90 during midday trading on Friday. China Oilfield Services has a 52-week low of $0.81 and a 52-week high of $0.95. The company has a 50-day moving average of $0.92 and a two-hundred day moving average of $0.91.

China Oilfield Services Company Profile

China Oilfield Services Limited, together with its subsidiaries, provides integrated oilfield services in China, Indonesia, Mexico, Norway, Rest of Middle East, and internationally. It operates through four segments: Geophysical exploration and engineering survey Services, Drilling Services, Oilfield technical services, and Ship services.