China Oilfield Services Limited (OTCMKTS:CHOLF) Sees Large Decline in Short Interest

China Oilfield Services Limited (OTCMKTS:CHOLF) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 486,100 shares, a decline of 57.6% from the August 31st total of 1,146,100 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

China Oilfield Services Stock Performance

Shares of CHOLF stock remained flat at $0.81 on Wednesday. China Oilfield Services has a 52-week low of $0.81 and a 52-week high of $0.81. The business has a 50-day simple moving average of $0.88 and a 200 day simple moving average of $0.95.

China Oilfield Services Company Profile

China Oilfield Services Limited, together with its subsidiaries, provides integrated offshore oilfield services in Mainland China and internationally. The company operates through four segments: Geophysical Services, Drilling Services, Well Services, and Marine and Transportation Services. The Geophysical Services segment provides marine seismic acquisition, seismic data processing and interpretation, geo-technical survey, geotechnical and marine environmental investigation, subsea engineering, deep water engineering surveying, groundwork and foundation construction engineering, offshore engineering support, consulting services, and equipment manufacture.