Kelt Exploration Ltd. (OTCMKTS:KELTF) Sees Large Growth in Short Interest

Kelt Exploration Ltd. (OTCMKTS:KELTF) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 3,308,400 shares, an increase of 19.4% from the October 31st total of 2,771,100 shares. Based on an average trading volume of 22,700 shares, the days-to-cover ratio is presently 145.7 days.

Kelt Exploration Price Performance

Kelt Exploration stock remained flat at $5.00 during trading on Monday. 14,815 shares of the company were exchanged, compared to its average volume of 23,593. The firm has a 50-day moving average of $4.74 and a 200 day moving average of $4.54. Kelt Exploration has a one year low of $3.65 and a one year high of $5.18.

About Kelt Exploration

Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in Western Canada. The company markets its crude oil and natural gas liquids primarily to third party. Kelt Exploration Ltd. was incorporated in 2012 and is headquartered in Calgary, Canada.