STEP Energy Services Ltd. (OTCMKTS:SNVVF) Short Interest Up 28.7% in February

STEP Energy Services Ltd. (OTCMKTS:SNVVF) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 222,300 shares, a growth of 28.7% from the January 31st total of 172,700 shares. Based on an average daily trading volume, of 4,000 shares, the short-interest ratio is presently 55.6 days.

STEP Energy Services Stock Performance

OTCMKTS:SNVVF remained flat at $2.87 during mid-day trading on Thursday. STEP Energy Services has a 12 month low of $2.52 and a 12 month high of $3.66. The stock has a 50 day simple moving average of $3.12 and a 200-day simple moving average of $3.10.

STEP Energy Services Company Profile

STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. It also provides fluid pumping services for coiled tubing operations and involved in standalone projects; pipeline commissioning and maintenance services; fracturing logistics services; and laboratory services.