Short Interest in CES Energy Solutions Corp. (OTCMKTS:CESDF) Grows By 6.4%

CES Energy Solutions Corp. (OTCMKTS:CESDF) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 1,341,800 shares, a growth of 6.4% from the January 15th total of 1,260,900 shares. Based on an average daily trading volume, of 12,100 shares, the short-interest ratio is presently 110.9 days.

CES Energy Solutions Stock Down 1.9 %

CES Energy Solutions stock traded down $0.12 during trading hours on Friday, hitting $6.14. The stock had a trading volume of 2,132 shares, compared to its average volume of 7,542. CES Energy Solutions has a 12-month low of $2.83 and a 12-month high of $7.11. The stock’s 50-day moving average price is $6.48 and its 200-day moving average price is $6.09.

CES Energy Solutions Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were issued a $0.0216 dividend. The ex-dividend date was Tuesday, December 31st. This represents a yield of 1.31%. CES Energy Solutions’s dividend payout ratio (DPR) is presently 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.