Perenti Limited (OTCMKTS:AUSDF) Short Interest Up 3,350.0% in March

Perenti Limited (OTCMKTS:AUSDF) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 124,200 shares, a growth of 3,350.0% from the March 15th total of 3,600 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Perenti Stock Performance

Shares of OTCMKTS AUSDF opened at $0.94 on Wednesday. The business’s fifty day simple moving average is $0.94 and its 200-day simple moving average is $0.93. Perenti has a 12-month low of $0.72 and a 12-month high of $0.94.

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.