Short Interest in Source Energy Services Ltd. (OTCMKTS:SCEYF) Increases By 137.5%

Source Energy Services Ltd. (OTCMKTS:SCEYF) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totalling 5,700 shares, an increase of 137.5% from the June 30th total of 2,400 shares. Based on an average trading volume of 3,700 shares, the days-to-cover ratio is presently 1.5 days.

Source Energy Services Trading Up 4.7 %

Shares of Source Energy Services stock traded up $0.42 on Friday, reaching $9.29. The stock had a trading volume of 800 shares, compared to its average volume of 1,856. Source Energy Services has a 1 year low of $3.09 and a 1 year high of $11.41. The business’s 50 day moving average is $8.36 and its two-hundred day moving average is $8.17.

About Source Energy Services

Source Energy Services Ltd. engages in the production and distribution of Northern White frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops Sahara, a wellsite mobile sand storage and handling system.