Geodrill Limited (OTCMKTS:GEODF) Short Interest Up 5.2% in April

Geodrill Limited (OTCMKTS:GEODF) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 16,100 shares, a growth of 5.2% from the March 31st total of 15,300 shares. Based on an average daily trading volume, of 29,500 shares, the days-to-cover ratio is presently 0.5 days.

Geodrill Stock Performance

Geodrill stock opened at $1.54 on Wednesday. The stock’s 50 day moving average price is $1.42 and its 200 day moving average price is $1.38. Geodrill has a 1-year low of $1.14 and a 1-year high of $2.64.

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.