Total Energy Services Inc. (OTCMKTS:TOTZF) Sees Large Growth in Short Interest

Total Energy Services Inc. (OTCMKTS:TOTZF) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 6,900 shares, a growth of 25.5% from the July 15th total of 5,500 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is presently 8.6 days.

Total Energy Services Stock Performance

TOTZF stock remained flat at $6.71 during midday trading on Thursday. The company’s stock had a trading volume of 1 shares, compared to its average volume of 3,465. Total Energy Services has a 52-week low of $5.42 and a 52-week high of $7.92. The stock’s 50 day moving average is $6.87 and its two-hundred day moving average is $7.10.

Total Energy Services Company Profile

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.