Is Ncs Multistage Holdings Inc (NASDAQ:NCSM)’s Fuel Running Low? Reports Show More Sellers

March 22, 2018 - By Stephen Andrade

 Is Ncs Multistage Holdings Inc (NASDAQ:NCSM)’s Fuel Running Low? Reports Show More Sellers

The stock of Ncs Multistage Holdings Inc (NASDAQ:NCSM) registered an increase of 32.85% in short interest. NCSM’s total short interest was 1.23M shares in March as published by FINRA. Its up 32.85% from 925,600 shares, reported previously. With 164,300 shares average volume, it will take short sellers 8 days to cover their NCSM’s short positions. The short interest to Ncs Multistage Holdings Inc’s float is 14.21%.

The stock decreased 0.71% or $0.12 during the last trading session, reaching $16.83. About 60,296 shares traded. NCS Multistage Holdings, Inc. (NASDAQ:NCSM) has 0.00% since March 22, 2017 and is . It has underperformed by 16.70% the S&P500.

NCS Multistage Holdings, Inc. provides engineered products and support services for oil and natural gas well completions and field development strategies in the United States and internationally. The company has market cap of $748.65 million. The companyÂ’s products include casing-installed sliding sleeves, downhole frac isolation assemblies, airlock casing buoyancy systems, liner hanger systems, sand jet perforating products, spotfrac systems, and ballshift sliding sleeves. It has a 350.62 P/E ratio. It also provides advisory services to clients on completion creates and field development strategies.

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