CES Energy Solutions Corp. (OTCMKTS:CESDF) Short Interest Update

CES Energy Solutions Corp. (OTCMKTS:CESDF) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 2,082,700 shares, a growth of 13.4% from the August 31st total of 1,837,400 shares. Based on an average daily volume of 16,400 shares, the days-to-cover ratio is currently 127.0 days.

CES Energy Solutions Stock Up 1.9 %

Shares of OTCMKTS:CESDF traded up $0.10 during midday trading on Friday, hitting $5.46. The stock had a trading volume of 8,048 shares, compared to its average volume of 12,899. CES Energy Solutions has a 1 year low of $2.42 and a 1 year high of $6.37. The stock has a 50 day moving average price of $5.62 and a two-hundred day moving average price of $4.96.

CES Energy Solutions Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st will be paid a dividend of $0.0219 per share. The ex-dividend date is Monday, September 30th. This represents a yield of 1.55%. CES Energy Solutions’s payout ratio is 97.87%.

CES Energy Solutions Company Profile

CES Energy Solutions Corp., together with its subsidiaries, engages in design, implement, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. The company provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets.