Geodrill Limited (OTCMKTS:GEODF) Short Interest Down 47.8% in January

Geodrill Limited (OTCMKTS:GEODF) saw a significant decrease in short interest in January. As of January 15th, there was short interest totalling 30,000 shares, a decrease of 47.8% from the December 31st total of 57,500 shares. Based on an average daily trading volume, of 22,300 shares, the short-interest ratio is currently 1.3 days.

Geodrill Price Performance

Shares of OTCMKTS GEODF traded down $0.01 on Wednesday, reaching $2.19. 26,153 shares of the company’s stock traded hands, compared to its average volume of 24,962. Geodrill has a 12 month low of $1.14 and a 12 month high of $2.31. The business’s 50 day simple moving average is $2.13 and its two-hundred day simple moving average is $1.99.

Geodrill Company Profile

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.