Spartan Delta Corp. (OTCMKTS:DALXF) Short Interest Update

Spartan Delta Corp. (OTCMKTS:DALXF) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 3,201,100 shares, an increase of 12.7% from the October 15th total of 2,841,100 shares. Based on an average trading volume of 14,000 shares, the days-to-cover ratio is presently 228.7 days.

Spartan Delta Price Performance

Shares of DALXF remained flat at $2.40 during mid-day trading on Friday. The stock had a trading volume of 42,075 shares, compared to its average volume of 19,993. Spartan Delta has a twelve month low of $1.95 and a twelve month high of $3.16. The stock has a 50-day simple moving average of $2.65 and a 200-day simple moving average of $2.86.

About Spartan Delta

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.