Short Interest in CES Energy Solutions Corp. (OTCMKTS:CESDF) Grows By 25.7%

CES Energy Solutions Corp. (OTCMKTS:CESDF) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 1,178,400 shares, an increase of 25.7% from the November 15th total of 937,800 shares. Based on an average daily volume of 23,600 shares, the short-interest ratio is presently 49.9 days.

CES Energy Solutions Price Performance

Shares of OTCMKTS:CESDF traded down $0.13 during trading on Friday, reaching $6.68. 979 shares of the company’s stock traded hands, compared to its average volume of 12,262. CES Energy Solutions has a 12 month low of $2.54 and a 12 month high of $7.11. The company has a 50 day moving average of $6.23 and a 200-day moving average of $5.75.

CES Energy Solutions Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were issued a dividend of $0.0219 per share. This represents a dividend yield of 1.55%. The ex-dividend date of this dividend was Monday, September 30th. CES Energy Solutions’s dividend payout ratio (DPR) is presently 97.87%.

CES Energy Solutions Company Profile

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.