Enservco Corp (NYSEAMERICAN:ENSV) saw a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 362,989 shares, a decline of 19.1% from the November 15th total of 448,930 shares. Based on an average daily volume of 83,542 shares, the days-to-cover ratio is presently 4.3 days. Currently, 0.9% of the company’s shares are short sold.

In other Enservco news, Director Cross River Capital Management acquired 218,572 shares of the company’s stock in a transaction dated Thursday, September 14th. The shares were bought at an average cost of $0.43 per share, with a total value of $93,985.96. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

A number of hedge funds have recently bought and sold shares of the stock. Granahan Investment Management Inc. MA raised its stake in shares of Enservco by 43.2% in the third quarter. Granahan Investment Management Inc. MA now owns 483,338 shares of the oil and gas producer’s stock worth $258,000 after purchasing an additional 145,832 shares during the last quarter. Hunter Associates Investment Management LLC raised its stake in shares of Enservco by 36.6% in the second quarter. Hunter Associates Investment Management LLC now owns 1,030,150 shares of the oil and gas producer’s stock worth $319,000 after purchasing an additional 276,000 shares during the last quarter. Finally, AWM Investment Company Inc. raised its stake in shares of Enservco by 11.0% in the second quarter. AWM Investment Company Inc. now owns 3,839,415 shares of the oil and gas producer’s stock worth $1,202,000 after purchasing an additional 381,209 shares during the last quarter.

Separately, ValuEngine raised Enservco from a “strong sell” rating to a “sell” rating in a research note on Tuesday, August 22nd.

Enservco (ENSV) opened at $0.66 on Tuesday. Enservco has a 52 week low of $0.21 and a 52 week high of $0.77.

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Enservco Company Profile

Enservco Corporation provides well and fluid management services to the domestic onshore oil and natural gas industry. The Company’s services include frac water heating, hot oiling and acidizing (well enhancement services), and water transfer, water treatment, water hauling, fluid disposal, frac tank rental (fluid management services) and other general oilfield services.

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