Geodrill Limited (OTCMKTS:GEODF) Short Interest Up 261.8% in August

Geodrill Limited (OTCMKTS:GEODF) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 12,300 shares, an increase of 261.8% from the August 15th total of 3,400 shares. Based on an average daily trading volume, of 52,800 shares, the short-interest ratio is currently 0.2 days.

Geodrill Stock Up 3.3 %

Shares of GEODF stock traded up $0.06 during trading hours on Friday, reaching $1.94. 14,799 shares of the company traded hands, compared to its average volume of 15,529. Geodrill has a 12-month low of $1.14 and a 12-month high of $2.18. The firm has a 50-day moving average price of $1.83 and a 200 day moving average price of $1.62.

About Geodrill

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.