Total Energy Services Inc. (OTCMKTS:TOTZF) Short Interest Down 43.1% in November

Total Energy Services Inc. (OTCMKTS:TOTZF) was the recipient of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 9,100 shares, a drop of 43.1% from the October 31st total of 16,000 shares. Based on an average daily volume of 7,700 shares, the short-interest ratio is currently 1.2 days.

Total Energy Services Stock Performance

Shares of OTCMKTS:TOTZF traded up $0.07 during mid-day trading on Friday, reaching $8.39. 110 shares of the company were exchanged, compared to its average volume of 3,238. The firm’s 50-day simple moving average is $7.42 and its 200 day simple moving average is $7.07. Total Energy Services has a 1 year low of $5.42 and a 1 year high of $8.52.

Total Energy Services Company Profile

Total Energy Services Inc operates as an energy services company primarily in Canada, the United States, and Australia. It operates through Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing segments. The Contract Drilling Services segment operates a fleet of various drilling rigs supported by an extensive fleet of owned top drives, walking systems, pumps, and other ancillary equipment.