Calfrac Well Services Ltd. (OTCMKTS:CFWFF) Short Interest Up 410.6% in April

Calfrac Well Services Ltd. (OTCMKTS:CFWFF) saw a large 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 volume of 18,000 shares, the short-interest ratio is presently 1.3 days.

Calfrac Well Services Stock Performance

OTCMKTS:CFWFF traded down $0.03 during mid-day trading on Friday, hitting $3.34. 5,100 shares of the stock traded hands, compared to its average volume of 5,850. Calfrac Well Services has a 52 week low of $2.74 and a 52 week high of $4.56. The firm’s 50 day moving average is $3.33 and its two-hundred day moving average is $3.47.

About Calfrac Well Services

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.