Geodrill Limited (OTCMKTS:GEODF) Sees Significant Increase in Short Interest

Geodrill Limited (OTCMKTS:GEODF) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 1,600 shares, a growth of 700.0% from the February 13th total of 200 shares. Based on an average trading volume of 27,500 shares, the days-to-cover ratio is currently 0.1 days.

Geodrill Stock Up 1.0 %

Shares of GEODF traded up $0.02 during midday trading on Thursday, reaching $1.97. The company had a trading volume of 16,035 shares, compared to its average volume of 20,224. The firm has a 50 day simple moving average of $2.16 and a 200-day simple moving average of $2.07. Geodrill has a 1-year low of $1.36 and a 1-year high of $2.31.

Geodrill Company Profile

Geodrill Limited, together with its subsidiaries, provides mineral exploration drilling services to mining companies in West Africa, Egypt, Chile, and Peru. It offers reverse circulation, core, air-core, deep directional Navi, water borehole, underground, and horizontal drilling services, as well as reverse circulation and reverse circulation grade control.