Spartan Delta Corp. (OTCMKTS:DALXF) Short Interest Up 34.0% in March

Spartan Delta Corp. (OTCMKTS:DALXF) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,580,800 shares, a growth of 34.0% from the February 28th total of 1,180,100 shares. Based on an average daily volume of 253,800 shares, the days-to-cover ratio is currently 6.2 days.

Spartan Delta Price Performance

Shares of Spartan Delta stock traded up $0.06 during trading on Wednesday, hitting $2.40. 31,100 shares of the company were exchanged, compared to its average volume of 70,959. The firm’s fifty day moving average price is $2.41 and its 200 day moving average price is $2.50. Spartan Delta has a 1-year low of $1.88 and a 1-year high of $3.16.

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.