Geodrill Limited (OTCMKTS:GEODF) Short Interest Update

Geodrill Limited (OTCMKTS:GEODF) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 4,000 shares, an increase of 150.0% from the February 28th total of 1,600 shares. Based on an average daily trading volume, of 53,500 shares, the days-to-cover ratio is presently 0.1 days.

Geodrill Stock Up 0.3 %

Shares of Geodrill stock traded up $0.01 during trading on Friday, reaching $2.06. 10,424 shares of the company traded hands, compared to its average volume of 18,388. The company has a 50 day moving average price of $2.14 and a 200-day moving average price of $2.07. Geodrill has a 1-year low of $1.41 and a 1-year high of $2.31.

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.