Total Energy Services Inc. (OTCMKTS:TOTZF) Sees Large Decline in Short Interest

Total Energy Services Inc. (OTCMKTS:TOTZFGet Free Report) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 13,700 shares, a decline of 21.7% from the February 13th total of 17,500 shares. Based on an average trading volume of 5,300 shares, the short-interest ratio is presently 2.6 days.

Total Energy Services Price Performance

TOTZF opened at $6.50 on Wednesday. Total Energy Services has a 12 month low of $6.21 and a 12 month high of $8.71. The stock has a fifty day moving average price of $7.62 and a 200-day moving average price of $7.60.

About Total Energy Services

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Total Energy Services Inc operates as an energy services company primarily in Canada, the United States, and Australia. It operates through Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing segments. The Contract Drilling Services segment operates a fleet of various drilling rigs supported by an extensive fleet of owned top drives, walking systems, pumps, and other ancillary equipment.

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