Perenti Limited (OTCMKTS:AUSDF) Sees Significant Growth in Short Interest

Perenti Limited (OTCMKTS:AUSDF) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 3,600 shares, an increase of 3,500.0% from the February 28th total of 100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Perenti Stock Performance

AUSDF stock remained flat at $0.94 during midday trading on Wednesday. Perenti has a 52-week low of $0.72 and a 52-week high of $0.94. The business has a 50 day simple moving average of $0.94 and a 200 day simple moving average of $0.89.

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.