AKITA Drilling Ltd. (OTCMKTS:AKTAF) Short Interest Down 52.2% in November

AKITA Drilling Ltd. (OTCMKTS:AKTAF) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 13,800 shares, a decline of 52.2% from the November 15th total of 28,900 shares. Based on an average daily volume of 33,300 shares, the short-interest ratio is presently 0.4 days.

AKITA Drilling Price Performance

OTCMKTS AKTAF opened at $1.16 on Friday. AKITA Drilling has a 52-week low of $0.86 and a 52-week high of $1.33. The business’s 50-day moving average price is $1.17 and its 200 day moving average price is $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.