Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Short Interest Down 53.8% in May

Cathedral Energy Services Ltd. (OTCMKTS:CETEFGet Rating) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totalling 28,800 shares, a decline of 53.8% from the April 30th total of 62,400 shares. Based on an average daily volume of 70,200 shares, the days-to-cover ratio is currently 0.4 days.

Cathedral Energy Services Price Performance

Shares of CETEF stock opened at C$0.54 on Friday. The company’s fifty day simple moving average is C$0.67 and its 200-day simple moving average is C$0.81. Cathedral Energy Services has a 12 month low of C$0.36 and a 12 month high of C$1.15.

About Cathedral Energy Services

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Cathedral Energy Services Ltd. engages in the provision of directional drilling services to oil and natural gas companies. The company was founded by Randal H. Pustanyk in 2000 and is headquartered in Calgary, Canada.

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