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

Perenti Limited (OTCMKTS:AUSDFGet Free Report) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 34,111 shares, an increase of 92.6% from the May 31st total of 17,709 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Perenti Stock Performance

OTCMKTS AUSDF opened at $1.80 on Friday. Perenti has a twelve month low of $0.90 and a twelve month high of $2.00. The stock has a fifty day simple moving average of $1.61 and a 200 day simple moving average of $1.72.

About Perenti

(Get Free Report)

Perenti (OTCMKTS:AUSDF) is a diversified mining services company that provides a comprehensive suite of end-to-end mining solutions, including surface and underground contract mining, exploration and production drilling, and plant operations. The company’s service offerings extend to engineering, maintenance, mineral processing and digital mining technologies, enabling clients to optimize project performance and accelerate development timelines.

Founded in 1987 as Ausdrill and rebranded to Perenti in 2018, the company has built a track record of delivering large-scale mining projects across a range of commodities, including gold, copper, nickel and iron ore.

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