Geodrill Limited (OTCMKTS:GEODF) Short Interest Update

Geodrill Limited (OTCMKTS:GEODF) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 7,100 shares, an increase of 102.9% from the May 31st total of 3,500 shares. Based on an average daily volume of 18,600 shares, the days-to-cover ratio is currently 0.4 days.

Geodrill Price Performance

GEODF opened at $1.68 on Friday. The business has a fifty day simple moving average of $1.56 and a 200-day simple moving average of $1.42. Geodrill has a fifty-two week low of $1.14 and a fifty-two week high of $2.47.

About Geodrill

Geodrill Limited, together with its subsidiaries, provides mineral exploration drilling services to mining companies in West Africa, Egypt, Chile, and Peru. It offers reverse circulation, core, air-core, deep directional Navi, water borehole, underground, and horizontal drilling services, as well as reverse circulation and reverse circulation grade control.