Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Short Interest Update

Cathedral Energy Services Ltd. (OTCMKTS:CETEF) was the recipient of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 38,000 shares, a decrease of 72.4% from the October 15th total of 137,600 shares. Based on an average trading volume of 400 shares, the short-interest ratio is presently 95.0 days.

Cathedral Energy Services Price Performance

Shares of CETEF stock traded down C$0.12 during trading hours on Tuesday, hitting C$4.40. 1,298 shares of the company’s stock were exchanged, compared to its average volume of 1,516. Cathedral Energy Services has a 52 week low of C$3.64 and a 52 week high of C$5.02. The stock’s 50-day moving average is C$4.34 and its 200-day moving average is C$3.91.

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.