Geodrill Limited (OTCMKTS:GEODF) Stock Short Interest Report for October

Geodrill Limited (OTCMKTS:GEODF) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 73,308 shares, an increase of 1,334.0% from the October 15th total of 5,112 shares. Based on an average daily trading volume, of 121,113 shares, the days-to-cover ratio is currently 0.6 days.

Geodrill Price Performance

Shares of GEODF stock traded up $0.06 on Thursday, hitting $2.19. 5,654 shares of the company’s stock traded hands, compared to its average volume of 22,382. The company’s fifty day simple moving average is $1.93 and its 200 day simple moving average is $2.11. Geodrill has a one year low of $1.65 and a one year high of $3.14.

About Geodrill

Geodrill Limited provides contract drilling services to the mining and mineral exploration industries. Its work supports clients exploring for and developing mineral deposits, with services spanning different stages of exploration and mine operations. The company offers diamond core, reverse circulation, air-core, grade-control and underground drilling, along with related drilling services. Geodrill operates primarily in Africa and has also served clients in South America. Founded in 1998, Geodrill was established by Dave Harper, who has led the company as its chief executive officer.