Short Interest in AKITA Drilling Ltd. (OTCMKTS:AKTAF) Decreases By 9.0%

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

AKITA Drilling Trading Down 1.6 %

OTCMKTS AKTAF opened at $1.20 on Friday. AKITA Drilling has a 1-year low of $0.86 and a 1-year high of $1.33. The company has a 50 day moving average of $1.16 and a 200-day moving average of $1.10.

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.