CES Energy Solutions Corp. (OTCMKTS:CESDF) Short Interest Down 10.8% in November

CES Energy Solutions Corp. (OTCMKTS:CESDF) was the target of a significant decline in short interest in November. As of November 15th, there was short interest totalling 937,800 shares, a decline of 10.8% from the October 31st total of 1,051,900 shares. Based on an average daily volume of 38,000 shares, the days-to-cover ratio is currently 24.7 days.

CES Energy Solutions Stock Performance

CES Energy Solutions stock traded up $0.08 during mid-day trading on Tuesday, reaching $6.94. 962 shares of the company’s stock were exchanged, compared to its average volume of 12,537. The business’s fifty day simple moving average is $6.01 and its 200 day simple moving average is $5.64. CES Energy Solutions has a one year low of $2.42 and a one year high of $6.98.

CES Energy Solutions Cuts Dividend

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

About CES Energy Solutions

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.