Short Interest in Calfrac Well Services Ltd. (OTCMKTS:CFWFF) Rises By 410.6%

Calfrac Well Services Ltd. (OTCMKTS:CFWFF) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 24,000 shares, a growth of 410.6% from the March 31st total of 4,700 shares. Based on an average daily trading volume, of 18,000 shares, the days-to-cover ratio is presently 1.3 days.

Calfrac Well Services Trading Down 2.3 %

Shares of CFWFF traded down $0.08 during mid-day trading on Thursday, reaching $3.37. The company’s stock had a trading volume of 301 shares, compared to its average volume of 5,868. The company’s 50 day moving average is $3.34 and its 200 day moving average is $3.47. Calfrac Well Services has a 12-month low of $2.74 and a 12-month high of $4.56.

Calfrac Well Services Company Profile

Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, and Argentina. It offers hydraulic fracturing, coiled tubing, cementing, and other well completion services for the oil and natural gas industry. The company was founded in 1999 and is headquartered in Calgary, Canada.