Short Interest Update on Pioneer Energy Services (PES)

Pioneer Energy Services (PES) : The short interest in Pioneer Energy Services (PES) has changed with an increase of 311,445 shares and the open interest is 10.2%. From 3,042,971 short positions on Jul 29, 2016, the shorts increased to 3,354,416 shares by August 15, 2016. There are 3 more days left for the expiry and the daily trading volume of the stock is 1,132,461 shares. The total interest of shorts is 5.3% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

Pioneer Energy Services (NYSE:PES): The stock opened at $3.60 on Wednesday but the bulls could not build on the opening and the stock topped out at $3.65 for the day. The stock traded down to $3.45 during the day, due to lack of any buying support eventually closed down at $3.45 with a loss of -4.43% for the day. The stock had closed at $3.61 on the previous day. The total traded volume was 517,890 shares.


In a related news, The director, of Pioneer Energy Services Corp, Thompson C John had unloaded 3,000 shares at $3.45 per share in a transaction on August 9, 2016. The total value of transaction was $10,350. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Pioneer Energy Services Corp. provides drilling services and production services to oil and gas exploration, and production companies throughout onshore oil and gas producing regions of the United States and in Colombia. The Company conducts its operations through two operating segments: Drilling Services Segment and Production Services Segment. The Companys Drilling Services Segment provides contract land drilling services to a group of oil and gas exploration and production companies through its six drilling divisions in the United States and in Colombia. The Companys Production Services Segment provides a range of services to exploration and production companies, including well servicing, wireline services and coiled tubing services. The Company also provides coiled tubing and wireline services offshore in the Gulf of Mexico.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.