Short Interest in STEP Energy Services Ltd. (OTCMKTS:SNVVF) Declines By 22.1%

STEP Energy Services Ltd. (OTCMKTS:SNVVF) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 169,400 shares, a decline of 22.1% from the December 15th total of 217,400 shares. Based on an average trading volume of 10,900 shares, the short-interest ratio is presently 15.5 days.

STEP Energy Services Price Performance

Shares of SNVVF stock remained flat at $3.25 on Wednesday. 500 shares of the stock were exchanged, compared to its average volume of 11,300. The firm has a 50 day simple moving average of $3.38 and a 200-day simple moving average of $3.07. STEP Energy Services has a one year low of $2.52 and a one year 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.