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

China Oilfield Services Limited (OTCMKTS:CHOLFGet Free Report) saw a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 280,100 shares, a growth of 27.3% from the October 15th total of 220,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

China Oilfield Services Price Performance

Shares of OTCMKTS:CHOLF remained flat at $0.95 during midday trading on Friday. The company’s 50 day simple moving average is $0.89 and its 200 day simple moving average is $0.94. China Oilfield Services has a twelve month low of $0.81 and a twelve month high of $0.95.

China Oilfield Services (OTCMKTS:CHOLFGet Free Report) last posted its earnings results on Tuesday, August 27th. The company reported $0.03 EPS for the quarter. The firm had revenue of $1.71 billion during the quarter.

About China Oilfield Services

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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.

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