Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Short Interest Up 12.6% in January

Cathedral Energy Services Ltd. (OTCMKTS:CETEF) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 34,900 shares, a growth of 12.6% from the January 15th total of 31,000 shares. Based on an average trading volume of 2,200 shares, the short-interest ratio is presently 15.9 days.

Cathedral Energy Services Trading Up 1.1 %

CETEF stock traded up C$0.05 during mid-day trading on Friday, reaching C$4.26. 600 shares of the stock traded hands, compared to its average volume of 1,818. Cathedral Energy Services has a one year low of C$3.91 and a one year high of C$5.02. The business has a 50-day moving average price of C$4.45 and a two-hundred day moving average price of C$4.36.

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.