Short Interest in CES Energy Solutions Corp. (OTCMKTS:CESDF) Increases By 6.4%

CES Energy Solutions Corp. (OTCMKTS:CESDF) was the recipient of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 1,341,800 shares, a growth of 6.4% from the January 15th total of 1,260,900 shares. Based on an average daily volume of 12,100 shares, the short-interest ratio is currently 110.9 days.

CES Energy Solutions Price Performance

CES Energy Solutions stock traded down $0.12 during mid-day trading on Monday, reaching $6.14. 2,132 shares of the company’s stock were exchanged, compared to its average volume of 7,542. CES Energy Solutions has a twelve month low of $2.83 and a twelve month high of $7.11. The company has a fifty day moving average of $6.48 and a 200-day moving average of $6.09.

CES Energy Solutions Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were issued a dividend of $0.0216 per share. The ex-dividend date was Tuesday, December 31st. This represents a yield of 1.31%. CES Energy Solutions’s dividend payout ratio (DPR) is presently 97.87%.

About CES Energy Solutions

CES Energy Solutions Corp., together with its subsidiaries, engages in design, implement, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. The company provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets.