Short Interest in Total Energy Services Inc. (OTCMKTS:TOTZF) Declines By 43.1%

Total Energy Services Inc. (OTCMKTS:TOTZF) saw a large decline in short interest in November. As of November 15th, there was short interest totalling 9,100 shares, a decline of 43.1% from the October 31st total of 16,000 shares. Based on an average trading volume of 7,700 shares, the days-to-cover ratio is currently 1.2 days.

Total Energy Services Stock Up 1.0 %

OTCMKTS TOTZF opened at $8.33 on Friday. Total Energy Services has a 1-year low of $5.42 and a 1-year high of $8.52. The firm’s fifty day simple moving average is $7.39 and its 200-day simple moving average is $7.06.

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.