Short Interest in Major Drilling Group International Inc. (OTCMKTS:MJDLF) Declines By 26.9%

Major Drilling Group International Inc. (OTCMKTS:MJDLF) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 408,800 shares, a decrease of 26.9% from the November 30th total of 559,300 shares. Based on an average trading volume of 13,800 shares, the short-interest ratio is currently 29.6 days.

Major Drilling Group International Price Performance

MJDLF stock remained flat at $5.72 during mid-day trading on Friday. The company’s stock had a trading volume of 334 shares, compared to its average volume of 9,270. Major Drilling Group International has a 12-month low of $5.13 and a 12-month high of $7.58. The stock’s 50 day moving average is $6.08 and its 200 day moving average is $6.34.

About Major Drilling Group International

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.