Short Interest in Source Energy Services Ltd. (OTCMKTS:SCEYF) Rises By 233.3%

Source Energy Services Ltd. (OTCMKTS:SCEYF) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 3,000 shares, a growth of 233.3% from the March 31st total of 900 shares. Based on an average daily trading volume, of 1,500 shares, the days-to-cover ratio is presently 2.0 days.

Source Energy Services Stock Performance

Source Energy Services stock opened at $11.09 on Friday. The stock’s fifty day moving average price is $8.63 and its two-hundred day moving average price is $6.33. Source Energy Services has a one year low of $1.87 and a one year high of $11.41.

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.