( ) has been the subject of a significant drop in short interest for the month of may. On May 15th there were 8,000 shorted shares. This is a drop by 67.3% compared to the total of 24,500 on April 30th. The short-interest rate is currently 1.2days based on an average daily volume of 6,900 share.
Analyst Ratings Changes
CFWFF was the subject of recent analyst reports. BMO Capital Markets reduced their price target for Calfrac Well Services in a research report on Friday, 17th March from C$8.50 down to C$5.00. Royal Bank of Canada reduced their price target on Calfrac Well Services in a report published on Wednesday, 10th May from C$7.00 down to C$6.00. On Thursday, the price remained unchanged at $2.99. The average trading volume for the stock was 4,608. The fifty-day moving median of the stock is $3.02, and its 200 day moving mean is $4.08. Calfrac Well Services' 52-week low is $2.74, and its 52-week high is $5.70.
Calfrac Well Services Company profile
Calfrac Well Services Ltd. provides specialized oilfield service. It is divided into four segments: United States, Canada and Argentina. The United States segment provides fracturing service to oil companies in North Dakota, the Rockies region and Texas and New Mexico where it services the Eagle Ford & Permian Basins.
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