Spartan Delta Corp. (OTCMKTS:DALXF) Sees Significant Growth in Short Interest

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

Spartan Delta Stock Performance

DALXF stock remained flat at $2.40 during mid-day trading on Monday. The company’s stock had a trading volume of 42,075 shares, compared to its average volume of 19,992. The company has a fifty day simple moving average of $2.65 and a 200 day simple moving average of $2.86. Spartan Delta has a fifty-two week low of $1.95 and a fifty-two week 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.