Short Interest in China Oilfield Services Limited (OTCMKTS:CHOLF) Increases By 10.4%

China Oilfield Services Limited (OTCMKTS:CHOLF) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 662,100 shares, an increase of 10.4% from the March 15th total of 600,000 shares. Based on an average trading volume of 2,100 shares, the days-to-cover ratio is presently 315.3 days.

China Oilfield Services Stock Performance

Shares of CHOLF stock remained flat at $1.00 on Tuesday. China Oilfield Services has a 12-month low of $0.84 and a 12-month high of $1.05. The company has a 50-day simple moving average of $0.92 and a 200-day simple moving average of $1.03.

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.