AKITA Drilling Ltd. (OTCMKTS:AKTAF) Short Interest Down 52.6% in August

AKITA Drilling Ltd. (OTCMKTS:AKTAF) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 900 shares, a decline of 52.6% from the August 15th total of 1,900 shares. Based on an average trading volume of 25,000 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 25,000 shares, the short-interest ratio is currently 0.0 days.

AKITA Drilling Stock Down 2.3%

Shares of OTCMKTS:AKTAF opened at $1.39 on Friday. The business’s 50 day moving average price is $1.53 and its 200-day moving average price is $1.42. AKITA Drilling has a 1 year low of $0.97 and a 1 year high of $1.79.

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.