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

CES Energy Solutions Corp. (OTCMKTS:CESDF) was the recipient of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 1,178,400 shares, a growth of 25.7% from the November 15th total of 937,800 shares. Based on an average daily volume of 23,600 shares, the short-interest ratio is currently 49.9 days.

CES Energy Solutions Price Performance

Shares of OTCMKTS CESDF remained flat at $6.81 during midday trading on Friday. 7,460 shares of the company were exchanged, compared to its average volume of 12,310. The stock has a 50 day moving average price of $6.21 and a 200 day moving average price of $5.73. CES Energy Solutions has a twelve month low of $2.47 and a twelve month high of $7.11.

CES Energy Solutions Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were given a dividend of $0.0219 per share. This represents a yield of 1.55%. The ex-dividend date of this dividend was Monday, September 30th. CES Energy Solutions’s payout ratio is presently 97.87%.

CES Energy Solutions Company Profile

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