Spartan Delta Corp. (OTCMKTS:DALXF) Short Interest Down 5.5% in October

Spartan Delta Corp. (OTCMKTS:DALXF) saw a significant decline in short interest in October. As of October 15th, there was short interest totalling 2,841,100 shares, a decline of 5.5% from the September 30th total of 3,004,900 shares. Based on an average daily volume of 17,700 shares, the days-to-cover ratio is currently 160.5 days.

Spartan Delta Stock Performance

Shares of OTCMKTS:DALXF opened at $2.44 on Friday. The business has a fifty day moving average of $2.77 and a 200-day moving average of $2.89. Spartan Delta has a twelve month low of $1.95 and a twelve month high of $3.22.

Spartan Delta Company Profile

Spartan Delta Corp. engages in the exploration, development, and production of oil and natural gas reserves in the Western Canada. Its assets are located in Montney and Deep Basin. The company was formerly known as Return Energy Inc and changed its name to Spartan Delta Corp. in May 2020. The company was incorporated in 2006 and is headquartered in Calgary, Canada.