Secure Energy Services Inc. (OTCMKTS:SECYF) Short Interest Down 19.5% in March

Secure Energy Services Inc. (OTCMKTS:SECYF) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totalling 1,929,400 shares, a decline of 19.5% from the March 15th total of 2,397,100 shares. Based on an average daily volume of 23,700 shares, the days-to-cover ratio is currently 81.4 days.

Secure Energy Services Price Performance

SECYF stock traded up $0.15 during mid-day trading on Friday, reaching $9.30. The company had a trading volume of 6,041 shares, compared to its average volume of 32,927. Secure Energy Services has a fifty-two week low of $7.93 and a fifty-two week high of $12.22. The firm has a fifty day simple moving average of $10.00 and a 200 day simple moving average of $10.64.

Secure Energy Services Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, April 15th. Shareholders of record on Wednesday, April 2nd were issued a dividend of $0.0699 per share. This represents a yield of 2.57%. The ex-dividend date of this dividend was Tuesday, April 1st. Secure Energy Services’s dividend payout ratio (DPR) is presently 41.20%.

About Secure Energy Services

Secure Energy Services Inc engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities.