Short Interest in AKITA Drilling Ltd. (OTCMKTS:AKTAF) Declines By 9.0%

AKITA Drilling Ltd. (OTCMKTS:AKTAF) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 13,100 shares, a decrease of 9.0% from the December 15th total of 14,400 shares. Based on an average daily trading volume, of 13,800 shares, the short-interest ratio is presently 0.9 days.

AKITA Drilling Trading Down 1.6 %

Shares of AKTAF stock opened at $1.20 on Monday. AKITA Drilling has a 52-week low of $0.86 and a 52-week high of $1.33. The stock has a fifty day simple moving average of $1.16 and a two-hundred day simple moving average of $1.10.

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.