AKITA Drilling Ltd. (OTCMKTS:AKTAF – Get Free Report) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 35,621 shares, an increase of 91.8% from the June 30th total of 18,574 shares. Based on an average daily volume of 17,676 shares, the short-interest ratio is presently 2.0 days.
AKITA Drilling Price Performance
OTCMKTS:AKTAF opened at $2.52 on Friday. The stock has a 50 day simple moving average of $2.68 and a 200 day simple moving average of $2.45. AKITA Drilling has a 1-year low of $1.21 and a 1-year high of $5.85.
AKITA Drilling Company Profile
Akita Drilling Ltd. (OTCMKTS: AKTAF) is a Calgary-based provider of contract drilling services to the oil and gas industry, specializing in land-based operations. The company maintains a fleet of modular, high-specification rigs designed to meet a range of well depths and geological conditions, including conventional, horizontal and directional drilling programs.
Akita’s comprehensive service offering encompasses well planning support, rig mobilization, site preparation and on-site crew management.
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