Short Interest in AKITA Drilling Ltd. (OTCMKTS:AKTAF) Increases By 52.4%

AKITA Drilling Ltd. (OTCMKTS:AKTAF) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 3,200 shares, a growth of 52.4% from the October 15th total of 2,100 shares. Based on an average daily trading volume, of 12,600 shares, the days-to-cover ratio is currently 0.3 days.

AKITA Drilling Price Performance

Shares of AKITA Drilling stock opened at $1.15 on Thursday. The business has a fifty day simple moving average of $1.11 and a two-hundred day simple moving average of $1.06. AKITA Drilling has a 12 month low of $0.86 and a 12 month high of $1.33.

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.