Cathedral Energy Services Ltd. (OTCMKTS:CETEF) Short Interest Up 18.1% in February

Cathedral Energy Services Ltd. (OTCMKTS:CETEF) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 56,200 shares, an increase of 18.1% from the February 13th total of 47,600 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is presently 112.4 days.

Cathedral Energy Services Stock Performance

Shares of OTCMKTS CETEF opened at C$3.93 on Thursday. Cathedral Energy Services has a 1 year low of C$3.91 and a 1 year high of C$5.02. The firm’s 50 day moving average price is C$4.25 and its 200 day moving average price is C$4.34.

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.