CES Energy Solutions Corp. (OTCMKTS:CESDF) Short Interest Up 25.7% in November

CES Energy Solutions Corp. (OTCMKTS:CESDF) saw a significant increase in short interest in November. As of November 30th, there was short interest totalling 1,178,400 shares, an increase of 25.7% from the November 15th total of 937,800 shares. Based on an average daily volume of 23,600 shares, the days-to-cover ratio is presently 49.9 days.

CES Energy Solutions Stock Down 1.9 %

OTCMKTS CESDF traded down $0.13 during trading hours on Friday, hitting $6.68. The company had a trading volume of 979 shares, compared to its average volume of 12,262. CES Energy Solutions has a 52 week low of $2.54 and a 52 week high of $7.11. The firm has a 50 day simple moving average of $6.23 and a 200 day simple moving average of $5.75.

CES Energy Solutions Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were paid a $0.0219 dividend. This represents a yield of 1.55%. The ex-dividend date was Monday, September 30th. CES Energy Solutions’s dividend payout ratio is currently 97.87%.

CES Energy Solutions Company Profile

CES Energy Solutions Corp., together with its subsidiaries, engages in design, implement, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. The company provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets.