Perenti Limited (OTCMKTS:AUSDF) Sees Significant Increase in Short Interest

Perenti Limited (OTCMKTS:AUSDF) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 3,600 shares, a growth of 3,500.0% from the February 28th total of 100 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ? days.

Perenti Stock Performance

Shares of Perenti stock remained flat at $0.94 on Wednesday. Perenti has a 1-year low of $0.72 and a 1-year high of $0.94. The firm’s 50-day moving average price is $0.94 and its two-hundred day moving average price is $0.89.

About Perenti

Perenti Limited operates as a mining services company worldwide. It operates through Contract Mining, Drilling Services, and Mining Services and Idoba segments. The company offers underground and surface contract mining, drill and blast, in-pit grade control, exploration drilling, earthmoving, and machinery rebuilds services; and drilling services including specialized deep hole multi-intersectional directional diamond core drilling, underground diamond core drilling, drilling and blasting, and in-pit grade control services.