Geodrill Limited (OTCMKTS:GEODF) Short Interest Down 47.8% in January

Geodrill Limited (OTCMKTS:GEODF) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 30,000 shares, a drop of 47.8% from the December 31st total of 57,500 shares. Based on an average trading volume of 22,300 shares, the short-interest ratio is presently 1.3 days.

Geodrill Trading Down 0.5 %

GEODF stock traded down $0.01 on Wednesday, hitting $2.19. The company had a trading volume of 26,153 shares, compared to its average volume of 24,962. Geodrill has a 12-month low of $1.14 and a 12-month high of $2.31. The stock’s 50-day simple moving average is $2.13 and its 200 day simple moving average is $1.99.

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.