MAJOR DRILLING GROUP I (OTCMKTS:MJDLF) Just Reported Decreased Shorts

February 15, 2018 - By Kurt Siggers

The stock of MAJOR DRILLING GROUP I (OTCMKTS:MJDLF) registered a decrease of 12.41% in short interest. MJDLF’s total short interest was 401,700 shares in February as published by FINRA. Its down 12.41% from 458,600 shares, reported previously. With 5,700 shares average volume, it will take short sellers 71 days to cover their MJDLF’s short positions.

The stock decreased 4.12% or $0.23 during the last trading session, reaching $5.35. About 31,964 shares traded or 640.08% up from the average. Major Drilling Group International Inc. (OTCMKTS:MJDLF) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Major Drilling Group International Inc. primarily provides drilling services for mining and mineral exploration companies. The company has market cap of $418.51 million. It offers surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, and underground percussive/longhole drilling services; and surface drill and blast services, as well as various drilling-related mine services. It currently has negative earnings. The firm has a fleet of approximately 646 drilling rigs.

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