Ncs Multistage Holdings Incorporated (NASDAQ:NCSM) Shorted Shares Increased By 247.15%

July 17, 2017 - By Adrian Mccoy

 Ncs Multistage Holdings Incorporated (NASDAQ:NCSM) Shorted Shares Increased By 247.15%

The stock of Ncs Multistage Holdings Incorporated (NASDAQ:NCSM) registered an increase of 247.15% in short interest. NCSM’s total short interest was 298,200 shares in July as published by FINRA. Its up 247.15% from 85,900 shares, reported previously. With 133,800 shares average volume, it will take short sellers 2 days to cover their NCSM’s short positions.

The stock decreased 1.17% or $0.27 on July 17, reaching $22.85. About 99,277 shares traded. NCS Multistage Holdings Inc (NASDAQ:NCSM) has 0.00% since July 17, 2016 and is . It has underperformed by 16.70% the S&P500.

NCS Multistage Holdings, Inc. is a provider of engineered products and support services for oil and natural gas well completions and field development strategies. The company has market cap of $1000.00 million. The Company’s services and products include Multistage Unlimited, casing-installed sliding sleeves, downhole frac isolation assembly, AirLock casing buoyancy system and liner hanger systems. It currently has negative earnings. The Firm provides services and products primarily to exploration and production companies for use in onshore wells, predominantly wells that have been drilled with horizontal laterals in unconventional oil and natural gas formations.

More notable recent NCS Multistage Holdings Inc (NASDAQ:NCSM) news were published by: Globenewswire.com which released: “NCS Multistage Holdings, Inc. Appoints John Ravensbergen as Chief Technology …” on June 01, 2017, also Nasdaq.com with their article: “NCS Multistage Holdings, Inc. Set to Join Russell 3000® Index” published on June 15, 2017, Globenewswire.com published: “NCS Multistage Holdings, Inc. to Participate in Upcoming Investor Conference” on June 21, 2017. More interesting news about NCS Multistage Holdings Inc (NASDAQ:NCSM) were released by: Reuters.com and their article: “BRIEF-NCS Multistage Holdings enters into amended, restated credit agreement” published on May 04, 2017 as well as Globenewswire.com‘s news article titled: “NCS Multistage Holdings, Inc (Nasdaq: NCSM) to Ring The Nasdaq Stock Market …” with publication date: April 28, 2017.

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