CES Energy Solutions Corp. (OTCMKTS:CESDF – Get Free Report) saw a significant growth in short interest in September. As of September 15th, there was short interest totalling 2,082,700 shares, a growth of 13.4% from the August 31st total of 1,837,400 shares. Based on an average trading volume of 16,400 shares, the short-interest ratio is currently 127.0 days.
CES Energy Solutions Stock Performance
OTCMKTS CESDF opened at $5.60 on Tuesday. CES Energy Solutions has a 1 year low of $2.42 and a 1 year high of $6.37. The company has a fifty day moving average of $5.62 and a two-hundred day moving average of $4.98.
CES Energy Solutions Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st will be paid a $0.0219 dividend. The ex-dividend date is Monday, September 30th. This represents a yield of 1.55%. CES Energy Solutions’s dividend payout ratio is presently 97.87%.
About CES Energy Solutions
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.
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