Geodrill Limited (OTCMKTS:GEODF) Short Interest Update

Geodrill Limited (OTCMKTS:GEODF) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 7,100 shares, a growth of 102.9% from the May 31st total of 3,500 shares. Based on an average trading volume of 18,600 shares, the short-interest ratio is currently 0.4 days.

Geodrill Trading Up 14.7 %

OTCMKTS GEODF opened at $1.68 on Friday. The firm’s 50 day simple moving average is $1.56 and its 200 day simple moving average is $1.42. Geodrill has a 1 year low of $1.14 and a 1 year high of $2.47.

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.