AKITA Drilling Ltd. (OTCMKTS:AKTAF) Sees Large Decrease in Short Interest

AKITA Drilling Ltd. (OTCMKTS:AKTAF) was the recipient of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 6,800 shares, a decrease of 65.7% from the January 15th total of 19,800 shares. Based on an average daily volume of 26,800 shares, the short-interest ratio is presently 0.3 days.

AKITA Drilling Price Performance

Shares of OTCMKTS AKTAF opened at $1.23 on Friday. AKITA Drilling has a 52-week low of $0.86 and a 52-week high of $1.33. The firm has a fifty day moving average of $1.16 and a 200-day moving average of $1.12.

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.