Short Interest in STEP Energy Services Ltd. (OTCMKTS:SNVVF) Expands By 16.4%

STEP Energy Services Ltd. (OTCMKTS:SNVVF) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 387,600 shares, a growth of 16.4% from the October 15th total of 332,900 shares. Based on an average trading volume of 1,100 shares, the short-interest ratio is presently 352.4 days.

STEP Energy Services Stock Performance

Shares of SNVVF opened at $3.59 on Friday. The company’s fifty day moving average is $2.91 and its 200-day moving average is $2.97. STEP Energy Services has a 12 month low of $2.52 and a 12 month high of $3.66.

About STEP Energy Services

STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. It also provides fluid pumping services for coiled tubing operations and involved in standalone projects; pipeline commissioning and maintenance services; fracturing logistics services; and laboratory services.