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

AKITA Drilling Ltd. (OTCMKTS:AKTAF) saw a large growth in short interest in 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 Trading Down 0.9 %

OTCMKTS AKTAF opened at $1.15 on Thursday. AKITA Drilling has a one year low of $0.86 and a one year high of $1.33. The stock has a 50-day moving average of $1.11 and a 200 day moving average of $1.06.

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.