Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Short Interest Update

Cathedral Energy Services Ltd. (OTCMKTS:CETEF) saw a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 23,400 shares, a drop of 38.4% from the October 31st total of 38,000 shares. Based on an average daily volume of 2,100 shares, the short-interest ratio is presently 11.1 days.

Cathedral Energy Services Stock Performance

Cathedral Energy Services stock opened at C$4.52 on Friday. The business’s 50 day simple moving average is C$4.38 and its 200 day simple moving average is C$3.90. Cathedral Energy Services has a 12 month low of C$3.64 and a 12 month high of C$5.02.

Cathedral Energy Services Company Profile

Cathedral Energy Services Ltd., together with its subsidiaries, provides directional drilling services to oil and natural gas companies in western Canada and the United States. It offers remote directional and measurement-while-drilling (MWD), automated gamma, drilling optimization, and well planning services.