Short Interest in Enservco Co. (NYSEAMERICAN:ENSV) Expands By 6.1%

Enservco Co. (NYSEAMERICAN:ENSV) was the target of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 804,900 shares, an increase of 6.1% from the October 15th total of 758,500 shares. Currently, 1.9% of the shares of the company are sold short. Based on an average daily volume of 700,400 shares, the days-to-cover ratio is presently 1.1 days.

Enservco Stock Performance

Shares of ENSV stock traded up $0.00 during trading on Monday, reaching $0.06. 162,786 shares of the company’s stock traded hands, compared to its average volume of 604,731. The stock has a market capitalization of $1.66 million, a P/E ratio of -0.19 and a beta of 1.18. Enservco has a 1 year low of $0.04 and a 1 year high of $0.38. The company has a current ratio of 0.54, a quick ratio of 0.52 and a debt-to-equity ratio of 3.10.

About Enservco

Enservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore oil and natural gas industry. It offers hot oiling and acidizing, frac water heating, pressure testing, acidizing, and water hauling services, as well as well site construction services.