KLX Energy Services Holdings Inc (NASDAQ:KLXE) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 1,544,088 shares, a growth of 77.0% from the October 31st total of 872,321 shares. Based on an average daily volume of 211,140 shares, the short-interest ratio is presently 7.3 days. Currently, 7.9% of the company’s stock are sold short.
Shares of NASDAQ KLXE opened at $20.19 on Monday. KLX Energy Services has a 52 week low of $19.62 and a 52 week high of $36.13.
A number of equities research analysts have weighed in on KLXE shares. Gabelli assumed coverage on shares of KLX Energy Services in a research report on Thursday, October 11th. They set a “buy” rating for the company. ValuEngine downgraded shares of KLX Energy Services from a “sell” rating to a “strong sell” rating in a research report on Tuesday, November 27th.
KLX Energy Services Company Profile
KLX Energy Services Holdings, Inc provides completion, intervention, and production services and products to the onshore oil and gas producing regions of the United States. The company offers technical services, and related tools and equipment to companies engaged in the exploration and development of North American onshore conventional and unconventional oil and natural gas reserves.
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