Is XTREME DRILLING CORP COMMON SHARES (OTCMKTS:XTMCF) a Buy? The Stock Reported more Sellers

June 16, 2018 - By Adrian Mccoy

The stock of XTREME DRILLING CORP COMMON SHARES (OTCMKTS:XTMCF) registered an increase of 50% in short interest. XTMCF’s total short interest was 600 shares in June as published by FINRA. Its up 50% from 400 shares, reported previously. With 3,500 shares average volume, it will take short sellers 0 days to cover their XTMCF’s short positions.

The stock increased 0.84% or $0.0138 during the last trading session, reaching $1.6485. About 12,220 shares traded or 247.06% up from the average. Xtreme Drilling Corp. (OTCMKTS:XTMCF) has 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500.

Xtreme Drilling Corp., together with its subsidiaries, provides onshore drilling services in the United States. The company has market cap of $123.71 million. It designs, assembles, and operates a fleet of onshore drilling rigs that features proprietary technology, including modular transportation systems and continuous integration of in-house advances in methodologies. It currently has negative earnings. The firm also provides drilling rigs, equipment, and personnel on a contract basis.

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