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

CES Energy Solutions Corp. (OTCMKTS:CESDF) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 1,384,600 shares, an increase of 17.5% from the November 30th total of 1,178,400 shares. Based on an average trading volume of 9,800 shares, the days-to-cover ratio is currently 141.3 days.

CES Energy Solutions Trading Up 1.5 %

CES Energy Solutions stock traded up $0.10 during midday trading on Tuesday, hitting $6.89. The stock had a trading volume of 20,973 shares, compared to its average volume of 12,085. CES Energy Solutions has a 52-week low of $2.54 and a 52-week high of $7.11. The firm’s fifty day moving average is $6.45 and its two-hundred day moving average is $5.88.

CES Energy Solutions Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be paid a $0.0216 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a dividend yield of 1.31%. CES Energy Solutions’s dividend payout ratio (DPR) is presently 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.