China Oilfield Services Limited (OTCMKTS:CHOLF) Short Interest Down 54.7% in October

China Oilfield Services Limited (OTCMKTS:CHOLF) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 220,100 shares, a decline of 54.7% from the September 30th total of 486,100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 2,201.0 days.

China Oilfield Services Stock Performance

Shares of China Oilfield Services stock remained flat at $0.95 during trading hours on Friday. China Oilfield Services has a 1-year low of $0.81 and a 1-year high of $0.95. The stock has a 50-day simple moving average of $0.86 and a two-hundred day simple moving average of $0.94.

China Oilfield Services (OTCMKTS:CHOLF) last posted its earnings results on Tuesday, August 27th. The company reported $0.03 EPS for the quarter. The company had revenue of $1.71 billion during the quarter.

About China Oilfield Services

China Oilfield Services Limited, together with its subsidiaries, provides integrated oilfield services in China, Indonesia, Mexico, Norway, Rest of Middle East, and internationally. It operates through four segments: Geophysical exploration and engineering survey Services, Drilling Services, Oilfield technical services, and Ship services.