Deterra Royalties Limited (OTCMKTS:DETRF) Sees Large Drop in Short Interest

Deterra Royalties Limited (OTCMKTS:DETRF) saw a significant decline in short interest in August. As of August 31st, there was short interest totalling 114,400 shares, a decline of 68.0% from the August 15th total of 358,000 shares. Based on an average daily trading volume, of 3,100 shares, the short-interest ratio is currently 36.9 days.

Deterra Royalties Price Performance

Shares of OTCMKTS:DETRF traded up C$0.35 during trading on Friday, reaching C$2.85. 316 shares of the company’s stock traded hands, compared to its average volume of 2,985. Deterra Royalties has a fifty-two week low of C$2.28 and a fifty-two week high of C$3.82. The company has a 50-day simple moving average of C$2.61 and a 200-day simple moving average of C$2.99.

About Deterra Royalties

Deterra Royalties Limited operates as a royalty investment company in Australia. The company is also involved in the management and growth of a portfolio of royalty assets across bulk commodities, base, and battery metals. It holds interest in a portfolio of six royalties over the Mining Area C, Yoongarillup/Yalyalup, Eneabba, Wonnerup, and St Ives.