Enservco Co. (NYSEAMERICAN:ENSV) Short Interest Up 6.1% in October

Enservco Co. (NYSEAMERICAN:ENSV) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 804,900 shares, an increase of 6.1% from the October 15th total of 758,500 shares. Approximately 1.9% of the company’s shares are short sold. Based on an average daily volume of 700,400 shares, the days-to-cover ratio is currently 1.1 days.

Enservco Stock Performance

ENSV remained flat at $0.06 during midday trading on Monday. The company’s stock had a trading volume of 58,406 shares, compared to its average volume of 604,731. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.52 and a current ratio of 0.54. Enservco has a 12-month low of $0.04 and a 12-month high of $0.38. The company has a market capitalization of $1.60 million, a PE ratio of -0.19 and a beta of 1.18.

Enservco Company Profile

Enservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore oil and natural gas industry. It offers hot oiling and acidizing, frac water heating, pressure testing, acidizing, and water hauling services, as well as well site construction services.