Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Short Interest Down 72.4% in October

Cathedral Energy Services Ltd. (OTCMKTS:CETEF) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 38,000 shares, a decline of 72.4% from the October 15th total of 137,600 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 95.0 days.

Cathedral Energy Services Stock Performance

Shares of Cathedral Energy Services stock traded down C$0.07 during trading hours on Thursday, reaching C$4.33. The stock had a trading volume of 227 shares, compared to its average volume of 1,504. Cathedral Energy Services has a 1 year low of C$3.64 and a 1 year high of C$5.02. The firm has a 50 day simple moving average of C$4.33 and a two-hundred day simple moving average of C$3.91.

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.