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

China Oilfield Services Limited (OTCMKTS:CHOLF) was the recipient of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 652,000 shares, a decrease of 36.1% from the March 31st total of 1,020,000 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 1,630.0 days.

China Oilfield Services Price Performance

Shares of China Oilfield Services stock opened at $0.77 on Tuesday. The company has a 50 day moving average price of $0.89 and a 200 day moving average price of $0.92. China Oilfield Services has a 52 week low of $0.77 and a 52 week high of $0.95.

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.