Geodrill Limited (OTCMKTS:GEODF) Short Interest Update

Geodrill Limited (OTCMKTS:GEODF) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totalling 8,600 shares, a drop of 18.1% from the August 15th total of 10,500 shares. Based on an average daily trading volume, of 14,400 shares, the short-interest ratio is presently 0.6 days.

Geodrill Stock Performance

Shares of OTCMKTS GEODF opened at $1.77 on Friday. The stock has a fifty day moving average of $2.07. Geodrill has a 52-week low of $1.66 and a 52-week high of $2.68.

About Geodrill

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