Short Interest in Perenti Limited (OTCMKTS:AUSDF) Drops By 47.4%

Perenti Limited (OTCMKTS:AUSDF) was the recipient of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 7,200 shares, a decrease of 47.4% from the January 15th total of 13,700 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 24.0 days.

Perenti Stock Performance

Shares of OTCMKTS AUSDF opened at $0.94 on Friday. The firm’s 50-day moving average price is $0.93 and its 200-day moving average price is $0.82. Perenti has a 1-year low of $0.72 and a 1-year high of $0.94.

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.