Short Interest in AKITA Drilling Ltd. (OTCMKTS:AKTAF) Decreases By 51.7%

AKITA Drilling Ltd. (OTCMKTS:AKTAF) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totalling 2,800 shares, a decrease of 51.7% from the September 15th total of 5,800 shares. Based on an average daily volume of 13,800 shares, the days-to-cover ratio is presently 0.2 days.

AKITA Drilling Price Performance

Shares of OTCMKTS:AKTAF opened at $1.18 on Friday. AKITA Drilling has a one year low of $0.86 and a one year high of $1.35. The firm has a fifty day moving average price of $1.06 and a two-hundred day moving average price of $1.05.

AKITA Drilling Company Profile

AKITA Drilling Ltd. operates as an oil and gas drilling contractor in Canada and the United States. It is involved in the drilling oil and gas wells, potash exploration and development wells, geothermal wells, disposal wells, and carbon storage wells, as well as wells to be developed into storage caverns for gas.