Major Drilling Group International Inc. (OTCMKTS:MJDLF) Short Interest Update

Major Drilling Group International Inc. (OTCMKTS:MJDLF) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 796,500 shares, a growth of 46.4% from the February 28th total of 543,900 shares. Based on an average daily trading volume, of 44,800 shares, the short-interest ratio is presently 17.8 days.

Major Drilling Group International Stock Performance

Shares of MJDLF traded down $0.12 during trading hours on Friday, hitting $5.56. 35,309 shares of the company were exchanged, compared to its average volume of 16,109. The firm’s 50 day moving average is $5.86 and its 200-day moving average is $5.97. Major Drilling Group International has a 52 week low of $4.94 and a 52 week high of $7.58.

About Major Drilling Group International

Major Drilling Group International Inc provides contract drilling services for mining and mineral exploration companies. The company offers a suite of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive, longhole drilling, surface drill and blast, and related mining services.