Mammoth Energy Services Inc (NASDAQ:TUSK)’s Trend Up, Especially After Decreased Shorts

March 14, 2018 - By Michael Collier

 Mammoth Energy Services Inc (NASDAQ:TUSK)’s Trend Up, Especially After Decreased Shorts

The stock of Mammoth Energy Services Inc (NASDAQ:TUSK) registered a decrease of 10.83% in short interest. TUSK’s total short interest was 399,500 shares in March as published by FINRA. Its down 10.83% from 448,000 shares, reported previously. With 171,400 shares average volume, it will take short sellers 2 days to cover their TUSK’s short positions. The short interest to Mammoth Energy Services Inc’s float is 3.96%.

The stock decreased 2.74% or $0.81 during the last trading session, reaching $28.8. About 225,165 shares traded or 25.63% up from the average. Mammoth Energy Services, Inc. (NASDAQ:TUSK) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Mammoth Energy Services, Inc. operates as an integrated oilfield service company. The company has market cap of $1.28 billion. The firm operates in five divisions: Pressure Pumping Services; Well Services; Natural Sand Proppant; Contract Land and Directional Drilling Services; and Other Energy Services. It has a 20.3 P/E ratio. The Company’s Pressure Pumping Services segment provides high-pressure hydraulic fracturing services to enhance the production of oil and natural gas from formations having low permeability.

More recent Mammoth Energy Services, Inc. (NASDAQ:TUSK) news were published by: which released: “ highlights: Sony, Atlas Air Worldwide Holdings, Mammoth Energy …” on March 13, 2018. Also published the news titled: “Cobra’s Puerto Rico Contract Further Increased to Approximately $945 million” on February 28, 2018.‘s news article titled: “Mammoth Energy Services, Inc. Announces Fourth Quarter and Full Year 2017 …” with publication date: February 21, 2018 was also an interesting one.

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