CES Energy Solutions Corp. (OTCMKTS:CESDF) Short Interest Update

CES Energy Solutions Corp. (OTCMKTS:CESDF) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 1,384,600 shares, a growth of 17.5% from the November 30th total of 1,178,400 shares. Based on an average daily volume of 9,800 shares, the days-to-cover ratio is currently 141.3 days.

CES Energy Solutions Stock Performance

OTCMKTS:CESDF traded up $0.71 during midday trading on Monday, reaching $6.79. The stock had a trading volume of 18,394 shares, compared to its average volume of 12,044. CES Energy Solutions has a 12-month low of $2.54 and a 12-month high of $7.11. The firm has a fifty day simple moving average of $6.42 and a two-hundred day simple moving average of $5.87.

CES Energy Solutions Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be paid a dividend of $0.0216 per share. This represents a dividend yield of 1.31%. The ex-dividend date of this dividend is Tuesday, December 31st. CES Energy Solutions’s dividend payout ratio (DPR) 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.