Essential Energy Services Ltd. (OTCMKTS:EEYUF) Short Interest Down 5.1% in August

Essential Energy Services Ltd. (OTCMKTS:EEYUF) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totalling 188,000 shares, a drop of 5.1% from the August 15th total of 198,100 shares. Based on an average daily trading volume, of 11,700 shares, the days-to-cover ratio is presently 16.1 days.

Essential Energy Services Stock Performance

EEYUF stock opened at $0.29 on Tuesday. Essential Energy Services has a 12-month low of $0.19 and a 12-month high of $0.32. The business’s fifty day moving average price is $0.27 and its 200 day moving average price is $0.26.

About Essential Energy Services

Essential Energy Services Ltd., together with its subsidiaries, provides oilfield services to oil and gas exploration and production companies. The company operates in two segments, Essential Coil Well Service (ECWS) and Tryton. The ECWS segment offers completion, production, and workover services with its fleet of coil tubing rigs, and fluid and nitrogen pumpers, as well as ancillary equipment.