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

Source Energy Services Ltd. (OTCMKTS:SCEYF) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 2,200 shares, an increase of 2,100.0% from the May 31st total of 100 shares. Based on an average daily trading volume, of 1,500 shares, the short-interest ratio is currently 1.5 days.

Source Energy Services Price Performance

OTCMKTS SCEYF remained flat at $7.89 during trading hours on Friday. Source Energy Services has a 1-year low of $3.09 and a 1-year high of $11.41. The business’s 50 day simple moving average is $9.09 and its 200 day simple moving average is $7.54.

Source Energy Services Company Profile

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.