PHX Energy Services Corp. (OTCMKTS:PHXHF) Short Interest Up 139.9% in April

PHX Energy Services Corp. (OTCMKTS:PHXHF) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 583,928 shares, a growth of 139.9% from the April 15th total of 243,437 shares. Based on an average daily trading volume, of 20,169 shares, the short-interest ratio is presently 29.0 days.

Analyst Ratings Changes

Separately, BMO Capital Markets reiterated an “outperform” rating on shares of PHX Energy Services in a research note on Wednesday, February 25th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy”.

PHX Energy Services Trading Up 1.0%

Shares of PHXHF stock traded up $0.08 during trading hours on Friday, hitting $8.35. The stock had a trading volume of 2,566 shares, compared to its average volume of 14,947. PHX Energy Services has a one year low of $4.86 and a one year high of $10.17. The stock’s 50-day moving average price is $8.98 and its two-hundred day moving average price is $6.94.

About PHX Energy Services

PHX Energy Services Corp., trading under the ticker OTCMKTS:PHXHF, is a Canada-based oilfield services provider specializing in pressure pumping and well completion solutions for the oil and gas industry. The company offers hydraulic fracturing, acidizing, coiled tubing, nitrogen pumping and other specialized stimulation services designed to enhance production in both conventional and unconventional reservoirs.

Leveraging a fleet of modular pressure pumping units and coiled tubing systems, PHX Energy Services delivers tailored fracturing and well intervention services that aim to optimize well performance, improve operational efficiency and maintain rigorous safety standards.