CES Energy Solutions Corp. (OTCMKTS:CESDF) Short Interest Up 25.7% in November

CES Energy Solutions Corp. (OTCMKTS:CESDF) was the target of a large increase in short interest in November. As of November 30th, there was short interest totalling 1,178,400 shares, an increase of 25.7% from the November 15th total of 937,800 shares. Based on an average daily volume of 23,600 shares, the short-interest ratio is currently 49.9 days.

CES Energy Solutions Stock Performance

CESDF remained flat at $6.81 during trading hours on Friday. 7,460 shares of the company were exchanged, compared to its average volume of 12,310. The business’s fifty day moving average price is $6.21 and its two-hundred day moving average price is $5.73. CES Energy Solutions has a 1-year low of $2.47 and a 1-year high of $7.11.

CES Energy Solutions Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were issued a dividend of $0.0219 per share. This represents a yield of 1.55%. The ex-dividend date of this dividend was Monday, September 30th. CES Energy Solutions’s payout ratio is 97.87%.

CES Energy Solutions Company Profile

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.