Western Energy Services Corp. (OTCMKTS:WEEEF) Short Interest Down 52.2% in January

Western Energy Services Corp. (OTCMKTS:WEEEF - Get Free Report) was the target of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 1,100 shares, a decline of 52.2% from the January 15th total of 2,300 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 5.5 days.

Western Energy Services Stock Performance

OTCMKTS WEEEF remained flat at $1.82 during trading on Monday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.59 and a current ratio of 1.59. The stock has a fifty day moving average of $1.84 and a two-hundred day moving average of $1.97. The company has a market capitalization of $61.59 million, a P/E ratio of -12.13 and a beta of 0.85. Western Energy Services has a one year low of $1.71 and a one year high of $2.15.

Western Energy Services Company Profile

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. The Production Services segment offers well servicing rig and related equipment, as well as rental equipment services.