Geodrill Limited (OTCMKTS:GEODF) Sees Significant Decline in Short Interest

Geodrill Limited (OTCMKTS:GEODF) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 200 shares, a drop of 97.4% from the January 31st total of 7,600 shares. Based on an average daily trading volume, of 30,600 shares, the short-interest ratio is presently 0.0 days.

Geodrill Stock Performance

OTCMKTS GEODF traded down $0.02 during trading hours on Friday, reaching $2.13. 15,459 shares of the company were exchanged, compared to its average volume of 18,481. Geodrill has a 1 year low of $1.23 and a 1 year high of $2.31. The business’s 50 day simple moving average is $2.17 and its 200-day simple moving average is $2.06.

About Geodrill

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.