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

Spartan Delta Corp. (OTCMKTS:DALXF) was the target of a significant drop in short interest in January. As of January 31st, there was short interest totalling 1,348,700 shares, a drop of 24.3% from the January 15th total of 1,782,800 shares. Based on an average daily volume of 77,800 shares, the short-interest ratio is currently 17.3 days.

Spartan Delta Trading Up 0.5 %

DALXF stock opened at $2.64 on Friday. Spartan Delta has a 52-week low of $2.03 and a 52-week high of $3.16. The firm has a 50 day moving average price of $2.50 and a 200-day moving average price of $2.63.

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.