CES Energy Solutions Corp. (OTCMKTS:CESDF) Short Interest Down 10.8% in November

CES Energy Solutions Corp. (OTCMKTS:CESDF) was the recipient of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 937,800 shares, a decline of 10.8% from the October 31st total of 1,051,900 shares. Based on an average trading volume of 38,000 shares, the days-to-cover ratio is presently 24.7 days.

CES Energy Solutions Trading Up 2.6 %

OTCMKTS CESDF traded up $0.18 on Friday, hitting $6.86. The company’s stock had a trading volume of 2,833 shares, compared to its average volume of 12,588. CES Energy Solutions has a 1-year low of $2.42 and a 1-year high of $6.98. The company’s 50-day moving average is $5.99 and its 200 day moving average is $5.62.

CES Energy Solutions Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were given a $0.0219 dividend. The ex-dividend date was Monday, September 30th. This represents a dividend yield of 1.55%. CES Energy Solutions’s dividend payout ratio (DPR) is presently 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.