Calfrac Well Services Ltd. (OTCMKTS:CFWFF) Short Interest Down 67.3% in May

drop of 8.3% from the April 30th total of 8,700 shares. Based on an average daily trading volume, of 200,000 shares, the short-interest ratio is presently 0.0 days. Calfrac Well Services Ltd. (OTCMKTS:CFWFF) was the target of a large drop in short interest during the month of May.

( ) 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

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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. offers a FREE daily email newsletter