Short Interest in Spartan Delta Corp. (OTCMKTS:DALXF) Rises By 5.9%

Spartan Delta Corp. (OTCMKTS:DALXF) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 2,916,300 shares, a growth of 5.9% from the August 15th total of 2,754,700 shares. Based on an average daily volume of 13,900 shares, the days-to-cover ratio is presently 209.8 days.

Spartan Delta Stock Performance

DALXF stock traded up $0.05 during mid-day trading on Wednesday, reaching $2.80. 15,310 shares of the company’s stock were exchanged, compared to its average volume of 20,669. Spartan Delta has a 12-month low of $1.95 and a 12-month high of $3.22. The stock’s 50 day moving average is $2.89 and its 200 day moving average is $2.87.

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.