Short Interest in AKITA Drilling Ltd. (OTCMKTS:AKTAF) Expands By 138.9%

AKITA Drilling Ltd. (OTCMKTS:AKTAF) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 12,900 shares, a growth 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 currently 0.5 days.

AKITA Drilling Stock Down 3.0 %

Shares of AKTAF opened at $1.29 on Friday. The business’s 50-day moving average is $1.17 and its two-hundred day moving average is $1.15. AKITA Drilling has a fifty-two week low of $0.86 and a fifty-two week high of $1.40.

About AKITA Drilling

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.