Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Short Interest Up 18.1% in February

Cathedral Energy Services Ltd. (OTCMKTS:CETEF) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 56,200 shares, an increase of 18.1% from the February 13th total of 47,600 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is presently 112.4 days.

Cathedral Energy Services Price Performance

Shares of CETEF opened at C$3.93 on Thursday. The firm has a 50 day simple moving average of C$4.25 and a 200-day simple moving average of C$4.34. Cathedral Energy Services has a 1-year low of C$3.91 and a 1-year high of C$5.02.

Cathedral Energy Services Company Profile

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.