Perenti Limited (OTCMKTS:AUSDF) Sees Large Growth in Short Interest

Perenti Limited (OTCMKTS:AUSDFGet Free Report) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 189,600 shares, an increase of 33.1% from the February 29th total of 142,500 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 948.0 days.

Perenti Price Performance

AUSDF opened at $0.61 on Friday. The firm has a 50 day moving average price of $0.59 and a 200 day moving average price of $0.64. Perenti has a 1 year low of $0.51 and a 1 year high of $0.84.

Perenti Company Profile

(Get Free Report)

Perenti Limited operates as a mining services company worldwide. It operates through Contract Mining Surface, Contract Mining Underground, and Mining Services and idoba segments. The company offers mining services, including drilling and blasting, in-pit grade control, exploration drilling, and earthmoving services, as well as underground mining and diamond drilling services.

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