China Oilfield Services Limited (OTCMKTS:CHOLF) Sees Significant Growth in Short Interest

China Oilfield Services Limited (OTCMKTS:CHOLF) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 1,700,000 shares, a growth of 107.3% from the February 28th total of 820,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

China Oilfield Services Price Performance

OTCMKTS CHOLF remained flat at $0.90 on Friday. The firm has a 50 day moving average of $0.90 and a 200 day moving average of $0.91. China Oilfield Services has a 1-year low of $0.81 and a 1-year high of $0.95.

China Oilfield Services Company Profile

China Oilfield Services Limited, together with its subsidiaries, provides integrated oilfield services in China, Indonesia, Mexico, Norway, Rest of Middle East, and internationally. It operates through four segments: Geophysical exploration and engineering survey Services, Drilling Services, Oilfield technical services, and Ship services.