Source Energy Services Ltd. (OTCMKTS:SCEYF) Short Interest Update

Source Energy Services Ltd. (OTCMKTS:SCEYF) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 66,900 shares, an increase of 30.9% from the February 13th total of 51,100 shares. Based on an average daily volume of 4,200 shares, the short-interest ratio is presently 15.9 days.

Source Energy Services Stock Performance

Source Energy Services stock traded up $0.79 during mid-day trading on Tuesday, hitting $6.79. 1,100 shares of the company were exchanged, compared to its average volume of 2,153. The business has a fifty day moving average of $9.27 and a 200 day moving average of $9.93. Source Energy Services has a 1-year low of $6.00 and a 1-year high of $12.93.

About Source Energy Services

Source Energy Services Ltd. engages in the production and distribution of Northern White frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops Sahara, a wellsite mobile sand storage and handling system.