AKITA Drilling Ltd. (OTCMKTS:AKTAF) Short Interest Up 803.1% in November

AKITA Drilling Ltd. (OTCMKTS:AKTAF) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 28,900 shares, an increase of 803.1% from the October 31st total of 3,200 shares. Based on an average trading volume of 16,400 shares, the short-interest ratio is currently 1.8 days.

AKITA Drilling Stock Down 2.1 %

Shares of AKTAF traded down $0.02 during mid-day trading on Wednesday, hitting $1.15. 23,201 shares of the company’s stock were exchanged, compared to its average volume of 6,741. The stock’s 50-day moving average is $1.16 and its 200-day moving average is $1.06. AKITA Drilling has a fifty-two week low of $0.86 and a fifty-two week high of $1.33.

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.