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

Perenti Limited (OTCMKTS:AUSDF) was the target of a large increase in short interest during the month of 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 trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Perenti Price Performance

Shares of AUSDF stock remained flat at $0.94 on Wednesday. Perenti has a twelve month low of $0.72 and a twelve month high of $0.94. The stock’s 50-day moving average price is $0.94 and its 200-day moving average price is $0.89.

About Perenti

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.