China Oilfield Services Limited (OTCMKTS:CHOLF) Sees Significant Growth in Short Interest

China Oilfield Services Limited (OTCMKTS:CHOLF) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 4,645,700 shares, a growth of 240.6% from the December 15th total of 1,364,100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 46,457.0 days.

OTCMKTS CHOLF remained flat at $$0.89 on Friday. The firm’s fifty day simple moving average is $0.85 and its two-hundred day simple moving average is $0.82. China Oilfield Services has a one year low of $0.60 and a one year high of $1.64.

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: Drilling Services, Well Services, Marine Support Services, and Geophysical Acquisition and Surveying Services.

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