Short Interest in Total Energy Services Inc. (OTCMKTS:TOTZF) Increases By 68.0%

Total Energy Services Inc. (OTCMKTS:TOTZF) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 8,400 shares, an increase of 68.0% from the November 30th total of 5,000 shares. Based on an average daily volume of 5,500 shares, the days-to-cover ratio is presently 1.5 days.

Total Energy Services Price Performance

Total Energy Services stock remained flat at $8.25 during midday trading on Friday. Total Energy Services has a 52-week low of $5.72 and a 52-week high of $8.71. The company has a 50 day simple moving average of $7.91 and a 200 day simple moving average of $7.26.

About Total Energy Services

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.