Short Interest in Major Drilling Group International Inc. (OTCMKTS:MJDLF) Expands By 45.2%

Major Drilling Group International Inc. (OTCMKTS:MJDLF) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 1,156,600 shares, an increase of 45.2% from the March 15th total of 796,500 shares. Based on an average daily trading volume, of 25,900 shares, the short-interest ratio is currently 44.7 days.

Major Drilling Group International Stock Performance

MJDLF opened at $5.98 on Friday. Major Drilling Group International has a 12 month low of $4.59 and a 12 month high of $7.58. The business has a 50-day moving average of $5.64 and a two-hundred day moving average of $5.89.

Major Drilling Group International Company Profile

Major Drilling Group International Inc provides contract drilling services for mining and mineral exploration companies. The company offers a suite of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive, longhole drilling, surface drill and blast, and related mining services.