Predictive Discovery Limited (OTCMKTS:PDIYF) Sees Large Increase in Short Interest

Predictive Discovery Limited (OTCMKTS:PDIYF) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 140,400 shares, an increase of 2,887.2% from the February 13th total of 4,700 shares. Based on an average daily trading volume, of 5,300 shares, the days-to-cover ratio is currently 26.5 days.

Predictive Discovery Price Performance

Shares of PDIYF traded down $0.02 during mid-day trading on Wednesday, hitting $0.20. 390 shares of the company’s stock were exchanged, compared to its average volume of 15,793. The company has a 50-day simple moving average of $0.19 and a 200 day simple moving average of $0.18. Predictive Discovery has a 52 week low of $0.09 and a 52 week high of $0.24.

Predictive Discovery Company Profile

Predictive Discovery Limited explores for, identifies, and develops gold reserves in West Africa. Its flagship property is the Bankan Gold project, which covers an area of 356 square kilometers located in the north-east Guinea, West Africa. The company was incorporated in 2007 and is based in Subiaco, Australia.