AKITA Drilling Ltd. (OTCMKTS:AKTAF) Short Interest Update

AKITA Drilling Ltd. (OTCMKTS:AKTAF) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 12,900 shares, an increase of 138.9% from the February 28th total of 5,400 shares. Based on an average daily trading volume, of 26,500 shares, the days-to-cover ratio is presently 0.5 days.

AKITA Drilling Trading Down 0.7 %

Shares of AKTAF opened at $1.33 on Friday. AKITA Drilling has a 52 week low of $0.86 and a 52 week high of $1.40. The business’s fifty day moving average price is $1.17 and its two-hundred day moving average price is $1.15.

About AKITA Drilling

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.