Short Interest in AKITA Drilling Ltd. (OTCMKTS:AKTAF) Grows By 1,100.0%

AKITA Drilling Ltd. (OTCMKTS:AKTAF) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 1,200 shares, an increase of 1,100.0% from the September 15th total of 100 shares. Based on an average daily trading volume, of 4,500 shares, the short-interest ratio is currently 0.3 days.

Shares of AKTAF opened at $1.10 on Thursday. AKITA Drilling has a 12-month low of $0.00 and a 12-month high of $1.15. The company’s 50-day moving average price is $0.77 and its 200 day moving average price is $0.82.

About AKITA Drilling

Akita Drilling Ltd. engages in the drilling solutions in the field of oil and natural gas. It operates through the following divisions: Canadian and US. The Canadian division conducts operations in Alberta, British Columbia, Saskatchewan, and from time to time, in the Yukon, and the Northwest Territories, primarily with its wholly owned rigs and through its active joint ventures.

Recommended Story: How do candlesticks reflect price movement?

Receive News & Ratings for AKITA Drilling Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AKITA Drilling and related companies with's FREE daily email newsletter.