STEP Energy Services Ltd. (OTCMKTS:SNVVF) Sees Significant Increase in Short Interest

STEP Energy Services Ltd. (OTCMKTS:SNVVF) was the target of a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 237,800 shares, a growth of 37.1% from the July 31st total of 173,400 shares. Based on an average daily volume of 21,800 shares, the days-to-cover ratio is presently 10.9 days.

STEP Energy Services Stock Performance

SNVVF remained flat at $3.19 on Friday. STEP Energy Services has a 52-week low of $2.52 and a 52-week high of $3.56. The stock has a 50 day moving average price of $3.03 and a two-hundred day moving average price of $2.97.

STEP Energy Services Company Profile

STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. It also provides fluid pumping services for coiled tubing operations and involved in standalone projects; pipeline commissioning and maintenance services; fracturing logistics services; and laboratory services.