Short Interest in Perenti Limited (OTCMKTS:AUSDF) Expands By 37.0%

Perenti Limited (OTCMKTS:AUSDF) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 13,700 shares, an increase of 37.0% from the December 31st total of 10,000 shares. Based on an average daily volume of 3,700 shares, the days-to-cover ratio is currently 3.7 days.

Perenti Price Performance

AUSDF remained flat at $0.94 during trading on Friday. Perenti has a 12 month low of $0.72 and a 12 month high of $0.94. The firm’s fifty day moving average price is $0.85 and its two-hundred day moving average price is $0.79.

Perenti Company Profile

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.