China Oilfield Services Limited (OTCMKTS:CHOLF) Short Interest Up 23.2% in July

China Oilfield Services Limited (OTCMKTS:CHOLF – Get Rating) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 4,034,800 shares, a growth of 23.2% from the June 30th total of 3,276,000 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 20,174.0 days.

China Oilfield Services Stock Performance

Shares of CHOLF opened at $0.93 on Thursday. China Oilfield Services has a fifty-two week low of $0.65 and a fifty-two week high of $1.20. The stock has a fifty day moving average of $1.05 and a two-hundred day moving average of $1.03.

Analyst Upgrades and Downgrades

Separately, Citigroup cut shares of China Oilfield Services from a “buy” rating to a “sell” rating in a research note on Thursday, June 16th.

About China Oilfield Services

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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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