Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Short Interest Up 411.5% in October

Cathedral Energy Services Ltd. (OTCMKTS:CETEF) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 137,600 shares, a growth of 411.5% from the September 30th total of 26,900 shares. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is presently 152.9 days.

Cathedral Energy Services Price Performance

Shares of Cathedral Energy Services stock traded up C$0.02 during midday trading on Friday, reaching C$4.38. The company had a trading volume of 1,418 shares, compared to its average volume of 1,469. The stock has a fifty day moving average price of C$4.38 and a 200 day moving average price of C$3.92. Cathedral Energy Services has a fifty-two week low of C$3.64 and a fifty-two week high of C$5.02.

About Cathedral Energy Services

Cathedral Energy Services Ltd., together with its subsidiaries, provides directional drilling services to oil and natural gas companies in western Canada and the United States. It offers remote directional and measurement-while-drilling (MWD), automated gamma, drilling optimization, and well planning services.