Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Short Interest Update

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

Cathedral Energy Services Price Performance

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

About Cathedral Energy Services

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.