Western Energy Services Corp. (OTCMKTS:WEEEF) Short Interest Update

Western Energy Services Corp. (OTCMKTS:WEEEF) was the target of a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 1,100 shares, a decline of 52.2% from the January 15th total of 2,300 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 5.5 days.

Western Energy Services Stock Performance

OTCMKTS:WEEEF opened at $1.82 on Friday. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.35. Western Energy Services has a 12 month low of $1.71 and a 12 month high of $2.15. The company has a market cap of $61.59 million, a PE ratio of -12.13 and a beta of 0.85. The company has a 50 day simple moving average of $1.84 and a two-hundred day simple moving average of $1.97.

About Western Energy Services

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. The Production Services segment offers well servicing rig and related equipment, as well as rental equipment services.