AKITA Drilling Ltd. (OTCMKTS:AKTAF) Short Interest Up 431.8% in August

AKITA Drilling Ltd. (OTCMKTS:AKTAF) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 11,700 shares, a growth of 431.8% from the August 15th total of 2,200 shares. Based on an average trading volume of 3,900 shares, the short-interest ratio is currently 3.0 days.

AKITA Drilling Trading Up 2.5 %

Shares of AKTAF stock traded up $0.02 on Thursday, reaching $0.92. The company’s stock had a trading volume of 1,750 shares, compared to its average volume of 5,139. The stock’s 50 day simple moving average is $1.02 and its 200-day simple moving average is $1.07. AKITA Drilling has a 12-month low of $0.89 and a 12-month high of $1.43.

AKITA Drilling Company Profile

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.