STEP Energy Services Ltd. (OTCMKTS:SNVVF) Short Interest Up 17.3% in August

STEP Energy Services Ltd. (OTCMKTS:SNVVF) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 279,000 shares, a growth of 17.3% from the August 15th total of 237,800 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is currently 214.6 days.

STEP Energy Services Price Performance

Shares of SNVVF opened at $2.74 on Tuesday. STEP Energy Services has a 12 month low of $2.52 and a 12 month high of $3.56. The firm’s 50 day moving average is $3.00 and its 200-day moving average is $2.94.

STEP Energy Services Company Profile

STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. It also provides fluid pumping services for coiled tubing operations and involved in standalone projects; pipeline commissioning and maintenance services; fracturing logistics services; and laboratory services.