Short Interest in Ensign Energy Services Inc. (OTCMKTS:ESVIF) Declines By 5.1%

Ensign Energy Services Inc. (OTCMKTS:ESVIF) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 1,351,100 shares, a decrease of 5.1% from the November 30th total of 1,423,600 shares. Based on an average trading volume of 65,600 shares, the days-to-cover ratio is currently 20.6 days.

Ensign Energy Services Stock Performance

ESVIF stock traded up $0.08 during midday trading on Wednesday, reaching $2.06. The company’s stock had a trading volume of 33,250 shares, compared to its average volume of 29,200. Ensign Energy Services has a 1 year low of $1.50 and a 1 year high of $2.42. The stock has a fifty day simple moving average of $2.07 and a two-hundred day simple moving average of $1.91.

About Ensign Energy Services

Ensign Energy Services Inc, together with its subsidiaries, provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. The company offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including horizontal, underbalanced, horizontal re-entry, and slant drilling for steam assisted gravity drainage applications; and equipment and services.