Source Energy Services Ltd. (OTCMKTS:SCEYF) Short Interest Update

Source Energy Services Ltd. (OTCMKTS:SCEYF) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 5,700 shares, an increase of 137.5% from the June 30th total of 2,400 shares. Based on an average daily trading volume, of 3,700 shares, the days-to-cover ratio is currently 1.5 days.

Source Energy Services Price Performance

SCEYF traded up $0.42 during trading on Friday, reaching $9.29. 800 shares of the company were exchanged, compared to its average volume of 1,856. The firm has a 50 day moving average of $8.36 and a 200 day moving average of $8.17. Source Energy Services has a 52 week low of $3.09 and a 52 week high of $11.41.

About Source Energy Services

Source Energy Services Ltd. engages in the production and distribution of Northern White frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops Sahara, a wellsite mobile sand storage and handling system.