Vantage Drilling Co. (OTCMKTS:VTGDF – Get Free Report) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 6,000 shares, a decline of 99.7% from the September 30th total of 2,071,200 shares. Based on an average daily volume of 59,300 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 59,300 shares, the short-interest ratio is currently 0.1 days.
Vantage Drilling Trading Down 100.0%
The company has a quick ratio of 1.31, a current ratio of 1.88 and a debt-to-equity ratio of 0.26. Vantage Drilling has a 1 year low of $0.00 and a 1 year high of $0.00.
Vantage Drilling (OTCMKTS:VTGDF – Get Free Report) last issued its quarterly earnings results on Thursday, August 28th. The offshore driller reported ($1.20) EPS for the quarter. Vantage Drilling had a net margin of 5.56% and a negative return on equity of 23.51%. The firm had revenue of $34.40 million for the quarter.
About Vantage Drilling
Vantage Drilling Company is in liquidation. Previously, the company was engaged in the provision of offshore contract drilling services for multinational oil and natural gas companies, government owned oil and natural gas companies, and independent oil and natural gas producers in the United States and internationally.
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