Short Interest in China Oilfield Services Limited (OTCMKTS:CHOLF) Grows By 354.6%

China Oilfield Services Limited (OTCMKTS:CHOLF) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 1,146,100 shares, an increase of 354.6% from the August 15th total of 252,100 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

China Oilfield Services Stock Performance

Shares of OTCMKTS:CHOLF remained flat at $0.81 during trading on Friday. China Oilfield Services has a 12 month low of $0.81 and a 12 month high of $0.81. The firm’s 50-day simple moving average is $0.90 and its two-hundred day simple moving average is $0.95.

About China Oilfield Services

China Oilfield Services Limited, together with its subsidiaries, provides integrated offshore oilfield services in Mainland China and internationally. The company operates through four segments: Geophysical Services, Drilling Services, Well Services, and Marine and Transportation Services. The Geophysical Services segment provides marine seismic acquisition, seismic data processing and interpretation, geo-technical survey, geotechnical and marine environmental investigation, subsea engineering, deep water engineering surveying, groundwork and foundation construction engineering, offshore engineering support, consulting services, and equipment manufacture.