Short Interest in Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Grows By 115.7%

Cathedral Energy Services Ltd. (OTCMKTS:CETEF) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 61,900 shares, a growth of 115.7% from the May 31st total of 28,700 shares. Based on an average daily trading volume, of 3,900 shares, the short-interest ratio is presently 15.9 days.

Cathedral Energy Services Price Performance

OTCMKTS CETEF opened at C$0.66 on Friday. Cathedral Energy Services has a 12 month low of C$0.42 and a 12 month high of C$0.71. The stock’s fifty day moving average price is C$0.66 and its 200-day moving average price is C$0.63.

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.