Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Short Interest Up 31.5% in December

Cathedral Energy Services Ltd. (OTCMKTS:CETEF) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 26,300 shares, an increase of 31.5% from the December 15th total of 20,000 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is currently 37.6 days.

Cathedral Energy Services Stock Performance

Shares of OTCMKTS CETEF opened at C$4.77 on Friday. The company has a 50 day simple moving average of C$4.45 and a 200-day simple moving average of C$3.87. Cathedral Energy Services has a 1 year low of C$3.82 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.