AKITA Drilling Ltd. (OTCMKTS:AKTAF) Sees Significant Drop in Short Interest

AKITA Drilling Ltd. (OTCMKTS:AKTAF) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 13,100 shares, a decline of 9.0% from the December 31st total of 14,400 shares. Based on an average daily volume of 13,800 shares, the short-interest ratio is currently 0.9 days.

AKITA Drilling Trading Down 0.1 %

Shares of AKTAF stock opened at $1.13 on Monday. The stock has a fifty day simple moving average of $1.16 and a two-hundred day simple moving average of $1.11. AKITA Drilling has a twelve month low of $0.86 and a twelve 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.