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

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

Geodrill Stock Performance

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

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.