China Oilfield Services Limited (OTCMKTS:CHOLF) Short Interest Update

China Oilfield Services Limited (OTCMKTS:CHOLF) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 1,146,100 shares, an increase of 354.6% from the August 15th total of 252,100 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

China Oilfield Services Stock Performance

China Oilfield Services stock remained flat at $0.81 during midday trading on Friday. The stock’s fifty day simple moving average is $0.91 and its two-hundred day simple moving average is $0.95. China Oilfield Services has a 1 year low of $0.81 and a 1 year high of $0.81.

About China Oilfield Services

China Oilfield Services Limited, together with its subsidiaries, provides integrated offshore oilfield services in Mainland China and internationally. The company operates through four segments: Geophysical Services, Drilling Services, Well Services, and Marine and Transportation Services. The Geophysical Services segment provides marine seismic acquisition, seismic data processing and interpretation, geo-technical survey, geotechnical and marine environmental investigation, subsea engineering, deep water engineering surveying, groundwork and foundation construction engineering, offshore engineering support, consulting services, and equipment manufacture.