STEP Energy Services Ltd. (OTCMKTS:SNVVF) Short Interest Down 26.1% in March

STEP Energy Services Ltd. (OTCMKTS:SNVVF) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 111,000 shares, a decrease of 26.1% from the February 29th total of 150,300 shares. Based on an average daily trading volume, of 20,800 shares, the days-to-cover ratio is currently 5.3 days.

STEP Energy Services Stock Performance

OTCMKTS SNVVF opened at $2.66 on Friday. STEP Energy Services has a fifty-two week low of $1.97 and a fifty-two week high of $3.56. The stock’s 50-day moving average is $3.06 and its two-hundred day moving average is $3.03.

About STEP Energy Services

STEP Energy Services Ltd., an oilfield service 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.