AKITA Drilling Ltd. (OTCMKTS:AKTAF – Get Rating) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 2,100 shares, a growth of 2,000.0% from the November 15th total of 100 shares. Based on an average daily trading volume, of 3,800 shares, the days-to-cover ratio is presently 0.6 days.
Analyst Ratings Changes
Separately, BMO Capital Markets upgraded AKITA Drilling from a "market perform" rating to an "outperform" rating in a research note on Friday, November 4th.
Get AKITA Drilling alerts:AKITA Drilling Price Performance
AKITA Drilling stock opened at $1.32 on Tuesday. The stock has a fifty day simple moving average of $1.28 and a two-hundred day simple moving average of $1.34. AKITA Drilling has a 12 month low of $0.62 and a 12 month high of $2.29.
AKITA Drilling Company Profile
(Get Rating)AKITA Drilling Ltd. is an oil and gas drilling contractor in Canada and the United States. It provides contract drilling services to the oil and gas industry. The company is involved in the drilling of oil and gas wells; other forms of drilling related to potash mining; and development of storage caverns.
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