Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Short Interest Up 300.0% in November

Cathedral Energy Services Ltd. (OTCMKTS:CETEF) was the target of a significant increase in short interest in November. As of November 30th, there was short interest totalling 93,600 shares, an increase of 300.0% from the November 15th total of 23,400 shares. Based on an average daily trading volume, of 33,100 shares, the days-to-cover ratio is currently 2.8 days.

Cathedral Energy Services Stock Performance

Shares of OTCMKTS:CETEF remained flat at C$4.60 during midday trading on Wednesday. Cathedral Energy Services has a twelve month low of C$3.64 and a twelve month high of C$5.02. The firm has a 50-day simple moving average of C$4.42 and a 200-day simple moving average of C$3.88.

About Cathedral Energy Services

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.