Short Interest in Total Energy Services Inc. (OTCMKTS:TOTZF) Grows By 113.1%

Total Energy Services Inc. (OTCMKTS:TOTZF) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 17,900 shares, a growth of 113.1% from the December 15th total of 8,400 shares. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is currently 6.6 days.

Total Energy Services Stock Down 1.0 %

OTCMKTS:TOTZF traded down $0.09 on Tuesday, reaching $8.26. 193 shares of the stock traded hands, compared to its average volume of 556. Total Energy Services has a 12 month low of $6.13 and a 12 month high of $8.71. The company’s fifty day simple moving average is $8.21 and its 200 day simple moving average is $7.38.

About Total Energy Services

Total Energy Services Inc operates as an energy services company primarily in Canada, the United States, and Australia. It operates through Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing segments. The Contract Drilling Services segment operates a fleet of various drilling rigs supported by an extensive fleet of owned top drives, walking systems, pumps, and other ancillary equipment.