Short Interest in Total Energy Services Inc. (OTCMKTS:TOTZF) Expands By 148.9%

Total Energy Services Inc. (OTCMKTS:TOTZF) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 11,700 shares, an increase of 148.9% from the May 31st total of 4,700 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is currently 6.5 days.

Total Energy Services Stock Performance

Shares of OTCMKTS:TOTZF opened at $6.79 on Friday. Total Energy Services has a one year low of $5.42 and a one year high of $7.92. The business’s fifty day moving average price is $6.99 and its two-hundred day moving average price is $6.89.

Total Energy Services Company Profile

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.