Short Interest in Geodrill Limited (OTCMKTS:GEODF) Grows By 102.9%

Geodrill Limited (OTCMKTS:GEODF) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 7,100 shares, an increase of 102.9% from the May 31st total of 3,500 shares. Based on an average daily trading volume, of 18,600 shares, the short-interest ratio is presently 0.4 days.

Geodrill Trading Up 14.7 %

Shares of GEODF stock opened at $1.68 on Friday. Geodrill has a 1-year low of $1.14 and a 1-year high of $2.47. The stock’s fifty day simple moving average is $1.56 and its 200-day simple moving average is $1.42.

Geodrill Company Profile

Geodrill Limited, together with its subsidiaries, provides mineral exploration drilling services to mining companies in West Africa, Egypt, Chile, and Peru. It offers reverse circulation, core, air-core, deep directional Navi, water borehole, underground, and horizontal drilling services, as well as reverse circulation and reverse circulation grade control.