Short Interest in STEP Energy Services Ltd. (OTCMKTS:SNVVF) Expands By 28.7%

STEP Energy Services Ltd. (OTCMKTS:SNVVF) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 222,300 shares, a growth of 28.7% from the January 31st total of 172,700 shares. Based on an average daily volume of 4,000 shares, the short-interest ratio is currently 55.6 days.

STEP Energy Services Trading Down 9.2 %

OTCMKTS SNVVF traded down $0.29 on Wednesday, hitting $2.87. 200 shares of the stock were exchanged, compared to its average volume of 5,486. The company’s 50-day moving average price is $3.12 and its two-hundred day moving average price is $3.10. STEP Energy Services has a 52-week low of $2.52 and a 52-week high of $3.66.

About STEP Energy Services

STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. It also provides fluid pumping services for coiled tubing operations and involved in standalone projects; pipeline commissioning and maintenance services; fracturing logistics services; and laboratory services.