Enservco Co. (NYSEAMERICAN:ENSV – Get Free Report) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totalling 641,900 shares, a drop of 13.5% from the September 15th total of 742,000 shares. Approximately 1.5% of the shares of the stock are sold short. Based on an average daily volume of 655,900 shares, the short-interest ratio is currently 1.0 days.
Analyst Ratings Changes
Separately, StockNews.com started coverage on Enservco in a research note on Tuesday, June 25th. They issued a “sell” rating for the company.
Read Our Latest Stock Analysis on Enservco
Enservco Price Performance
Enservco (NYSEAMERICAN:ENSV – Get Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The oil and gas producer reported ($0.08) earnings per share for the quarter. Enservco had a negative net margin of 29.53% and a negative return on equity of 1,992.06%. The company had revenue of $3.76 million during the quarter.
About Enservco
Enservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore oil and natural gas industry. It offers hot oiling and acidizing, frac water heating, pressure testing, acidizing, and water hauling services, as well as well site construction services.
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