CES Energy Solutions Corp. (OTCMKTS:CESDF) Short Interest Update

CES Energy Solutions Corp. (OTCMKTS:CESDFGet Free Report) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 666,500 shares, a decrease of 5.7% from the December 31st total of 706,700 shares. Based on an average trading volume of 2,900 shares, the days-to-cover ratio is currently 229.8 days.

CES Energy Solutions Stock Performance

Shares of OTCMKTS:CESDF opened at $3.02 on Friday. CES Energy Solutions has a 52-week low of $1.70 and a 52-week high of $3.14. The stock’s fifty day simple moving average is $2.67 and its 200-day simple moving average is $2.61.

CES Energy Solutions Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, January 15th. Investors of record on Friday, December 29th were given a dividend of $0.025 per share. The ex-dividend date was Thursday, December 28th. This is an increase from CES Energy Solutions’s previous dividend of $0.02. This represents a yield of 3.86%. CES Energy Solutions’s dividend payout ratio is 97.87%.

About CES Energy Solutions

(Get Free Report)

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. It provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets.

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