Geodrill Limited (OTCMKTS:GEODF) Short Interest Up 11.7% in March

Geodrill Limited (OTCMKTS:GEODF) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 15,300 shares, an increase of 11.7% from the March 15th total of 13,700 shares. Based on an average trading volume of 12,400 shares, the short-interest ratio is currently 1.2 days.

Geodrill Trading Down 1.8 %

Shares of OTCMKTS:GEODF traded down $0.03 on Tuesday, hitting $1.61. The company had a trading volume of 3,440 shares, compared to its average volume of 11,847. The firm’s 50-day simple moving average is $1.35 and its two-hundred day simple moving average is $1.39. Geodrill has a 1 year low of $1.14 and a 1 year high of $2.68.

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.