Delek Group Ltd. (OTCMKTS:DELKY) Shares Shorted: Short Interest Down 51.8% in September

Delek Group Ltd. (OTCMKTS:DELKY) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 499 shares, a decline of 51.8% from the September 15th total of 1,035 shares. Based on an average daily trading volume, of 414 shares, the short-interest ratio is presently 1.2 days.

Delek Group Stock Up 6.7%

Delek Group stock traded up $1.88 during trading on Thursday, reaching $29.95. 133 shares of the company’s stock were exchanged, compared to its average volume of 1,181. The company’s 50-day moving average is $28.38 and its two-hundred day moving average is $31.11. Delek Group has a 52-week low of $23.78 and a 52-week high of $54.00.

About Delek Group

Delek Group Ltd. is an Israel-based holding company focused primarily on energy and infrastructure investments. Its activities include the exploration, development, production, and sale of natural gas and crude oil, as well as related energy services and assets.

The group’s portfolio has included interests in NewMed Energy, formerly known as Delek Drilling, which is involved in natural-gas exploration and production in the Eastern Mediterranean, including the offshore Leviathan and Tamar fields.