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

Total Energy Services Inc. (OTCMKTS:TOTZFGet Free Report) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 11,356 shares, a decline of 84.5% from the May 31st total of 73,138 shares. Based on an average daily trading volume, of 12,688 shares, the days-to-cover ratio is presently 0.9 days.

Total Energy Services Stock Down 1.0%

Shares of TOTZF opened at $15.03 on Friday. The firm’s 50 day moving average price is $17.33 and its 200 day moving average price is $14.56. Total Energy Services has a twelve month low of $7.75 and a twelve month high of $20.30.

About Total Energy Services

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Total Energy Services Inc is an oilfield services provider specializing in well completion and production services for the upstream oil and gas industry. The company offers a suite of technologies designed to optimize well performance, including coiled tubing, hydraulic fracturing, nitrogen pumping, cementing and acidizing services. By integrating these services, Total Energy Services aims to deliver efficient, cost-effective solutions throughout the lifecycle of a well, from initial completion to workovers and enhanced recovery operations.

Established in 1986 and headquartered in Calgary, Alberta, Total Energy Services has grown through the strategic deployment of specialized equipment and the development of advanced operational techniques.

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