Short Interest in AKITA Drilling Ltd. (OTCMKTS:AKTAF) Increases By 803.1%

AKITA Drilling Ltd. (OTCMKTS:AKTAF) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 28,900 shares, an increase of 803.1% from the October 31st total of 3,200 shares. Based on an average trading volume of 16,400 shares, the days-to-cover ratio is currently 1.8 days.

AKITA Drilling Stock Down 0.3 %

Shares of AKTAF stock traded down $0.00 during midday trading on Friday, reaching $1.15. 12,957 shares of the stock were exchanged, compared to its average volume of 6,787. The company’s 50 day moving average is $1.16 and its two-hundred day moving average is $1.06. AKITA Drilling has a 1 year low of $0.86 and a 1 year high of $1.33.

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.