Short Interest in Major Drilling Group International Inc. (OTCMKTS:MJDLF) Rises By 21.0%

Major Drilling Group International Inc. (OTCMKTS:MJDLF) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 75,500 shares, an increase of 21.0% from the May 31st total of 62,400 shares. Based on an average trading volume of 21,300 shares, the short-interest ratio is presently 3.5 days.

Major Drilling Group International Trading Down 2.1 %

Shares of MJDLF traded down $0.14 on Tuesday, reaching $6.50. 900 shares of the company’s stock were exchanged, compared to its average volume of 9,565. The business has a 50 day moving average price of $6.98 and a two-hundred day moving average price of $6.65. Major Drilling Group International has a 12 month low of $4.98 and a 12 month high of $7.58.

Major Drilling Group International Company Profile

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.