Short Interest in Geodrill Limited (OTCMKTS:GEODF) Rises By 281.6%

Geodrill Limited (OTCMKTS:GEODF) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 29,000 shares, an increase of 281.6% from the June 30th total of 7,600 shares. Based on an average trading volume of 30,800 shares, the days-to-cover ratio is presently 0.9 days.

Geodrill Stock Performance

Shares of GEODF stock traded down $0.01 during trading hours on Thursday, hitting $1.70. The company had a trading volume of 82,398 shares, compared to its average volume of 12,302. The company’s fifty day moving average is $1.61 and its 200 day moving average is $1.46. Geodrill has a fifty-two week low of $1.14 and a fifty-two week high of $2.36.

Geodrill Company Profile

Geodrill Limited, together with its subsidiaries, provides mineral exploration drilling services to mining companies in West Africa, Egypt, Chile, and Peru. It offers reverse circulation, core, air-core, deep directional Navi, water borehole, underground, and horizontal drilling services, as well as reverse circulation and reverse circulation grade control.