Short Interest in AKITA Drilling Ltd. (OTCMKTS:AKTAF) Decreases By 14.7%

AKITA Drilling Ltd. (OTCMKTS:AKTAF) saw a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 5,800 shares, a drop of 14.7% from the January 31st total of 6,800 shares. Based on an average daily trading volume, of 11,300 shares, the days-to-cover ratio is currently 0.5 days.

AKITA Drilling Stock Down 1.9 %

AKTAF opened at $1.02 on Thursday. The company has a fifty day moving average of $1.16 and a two-hundred day moving average of $1.13. AKITA Drilling has a fifty-two week low of $0.86 and a fifty-two week high of $1.32.

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.