Can ENSIGN ENERGY SERVICES INC ORDINARY SHA (OTCMKTS:ESVIF)’s Tomorrow Be Different? The Stock Had Decline in Shorts

Ensign Energy Services Inc. (OTCMKTS:ESVIF) Logo

The stock of ENSIGN ENERGY SERVICES INC ORDINARY SHA (OTCMKTS:ESVIF) registered a decrease of 1.81% in short interest. ESVIF’s total short interest was 1.07 million shares in May as published by FINRA. Its down 1.81% from 1.09 million shares, reported previously. With 6,300 shares average volume, it will take short sellers 169 days to cover their ESVIF’s short positions.

The stock decreased 3.69% or $0.16 during the last trading session, reaching $4.18. About 160 shares traded. Ensign Energy Services Inc. (OTCMKTS:ESVIF) has 0.00% since May 17, 2018 and is . It has underperformed by 4.37% the S&P500.

Ensign Energy Services Inc., together with its subsidiaries, provides oilfield services in Canada, the United States, and internationally. The company has market cap of $652.61 million. The Company’s oilfield services include drilling and well servicing, oil sands coring, directional services, underbalanced and managed pressure drilling, equipment rentals, transportation, wireline services, and production testing services. It currently has negative earnings. The firm offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including horizontal and underbalanced drilling, horizontal re-entry, and slant drilling for steam assisted gravity drainage applications; and coring and oil sands drilling services to the mining, and oil and natural gas industries.

Another recent and important Ensign Energy Services Inc. (OTCMKTS:ESVIF) news was published by Seekingalpha.com which published an article titled: “High Arctic Energy Services: Spring Clearance Sale Is Ending Soon – Seeking Alpha” on April 29, 2015.

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