Jutal Offshore Oil Services Ltd. (OTCMKTS:JUTOY) Sees Large Increase in Short Interest

Jutal Offshore Oil Services Ltd. (OTCMKTS:JUTOY – Get Free Report) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 74 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 18 shares, the days-to-cover ratio is presently 4.1 days.

Jutal Offshore Oil Services Stock Performance

Shares of OTCMKTS JUTOY remained flat at $12.54 during trading on Friday. The firm’s fifty day moving average price is $13.51 and its 200 day moving average price is $14.75. Jutal Offshore Oil Services has a 52-week low of $12.54 and a 52-week high of $23.00.

Jutal Offshore Oil Services Company Profile

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Jutal Offshore Oil Services Limited is a China-based engineering and equipment manufacturing company serving the offshore oil and gas industry. The company provides integrated services that can include engineering design, procurement, fabrication, project management, installation support and maintenance for offshore energy developments.

Its activities are centered on the manufacture of offshore structures and equipment, including platform components, topside modules, process equipment, pressure vessels, storage tanks and related steel structures.

Further Reading

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