CES Energy Solutions Corp. (OTCMKTS:CESDF) Short Interest Up 17.1% in June

CES Energy Solutions Corp. (OTCMKTS:CESDF) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 632,700 shares, a growth of 17.1% from the May 31st total of 540,400 shares. Based on an average daily volume of 33,500 shares, the short-interest ratio is currently 18.9 days.

CES Energy Solutions Trading Up 1.4 %

Shares of CESDF opened at $5.70 on Tuesday. The business’s fifty day moving average price is $4.85 and its two-hundred day moving average price is $3.78. CES Energy Solutions has a 52 week low of $1.80 and a 52 week high of $5.84.

CES Energy Solutions Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, July 15th. Investors of record on Monday, July 1st will be issued a $0.0219 dividend. This represents a yield of 1.71%. The ex-dividend date of this dividend is Friday, June 28th. CES Energy Solutions’s dividend payout ratio is 97.87%.

About CES Energy Solutions

CES Energy Solutions Corp., together with its subsidiaries, engages in design, implement, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. The company provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets.