Perenti Limited (OTCMKTS:AUSDF – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 256,897 shares, an increase of 2,901.1% from the September 15th total of 8,560 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Perenti Stock Performance
AUSDF stock remained flat at $1.80 during trading hours on Friday. Perenti has a fifty-two week low of $0.90 and a fifty-two week high of $2.00. The business’s fifty day simple moving average is $1.80 and its 200-day simple moving average is $1.70.
About Perenti
Perenti Limited is an Australia-based mining services company that provides contract mining, mining support and related services to resource companies. Its activities span surface and underground mining, mineral processing support, equipment rental, maintenance, logistics and specialist technical services.
The company operates through a portfolio of businesses and brands, including Ausdrill, Barminco, BTP and MSALABS. These operations provide services such as drilling and blasting, load-and-haul, underground development and production mining, mobile equipment and parts support, laboratory testing, and other services used across the mining life cycle.
Perenti was established in 1987 as Ausdrill and adopted the Perenti name in 2019 as part of a broader group structure.
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