AKITA Drilling Ltd. (OTCMKTS:AKTAF) Short Interest Up 138.9% in March

AKITA Drilling Ltd. (OTCMKTS:AKTAF) saw a significant increase in short interest in the month of 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 volume of 26,500 shares, the short-interest ratio is presently 0.5 days.

AKITA Drilling Trading Down 0.7 %

AKTAF stock opened at $1.33 on Friday. AKITA Drilling has a 1-year low of $0.86 and a 1-year high of $1.40. The business’s 50-day moving average price is $1.17 and its two-hundred day moving average price is $1.15.

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.