AKITA Drilling Ltd. (OTCMKTS:AKTAF – Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 35,621 shares, a growth of 91.8% from the June 30th total of 18,574 shares. Based on an average daily trading volume, of 17,676 shares, the short-interest ratio is currently 2.0 days.
AKITA Drilling Stock Performance
Shares of OTCMKTS AKTAF opened at $2.51 on Friday. AKITA Drilling has a one year low of $1.21 and a one year high of $5.85. The business has a 50-day moving average price of $2.67 and a two-hundred day moving average price of $2.45.
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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