Short Interest in AKITA Drilling Ltd. (OTCMKTS:AKTAF) Increases By 431.8%

AKITA Drilling Ltd. (OTCMKTS:AKTAF) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 11,700 shares, an increase of 431.8% from the August 15th total of 2,200 shares. Based on an average daily trading volume, of 3,900 shares, the short-interest ratio is presently 3.0 days.

AKITA Drilling Stock Up 2.5 %

AKITA Drilling stock traded up $0.02 on Thursday, reaching $0.92. 1,750 shares of the stock were exchanged, compared to its average volume of 5,139. AKITA Drilling has a twelve month low of $0.89 and a twelve month high of $1.43. The firm has a fifty day moving average price of $1.02 and a two-hundred day moving average price of $1.07.

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.