Spartan Delta Corp. (OTCMKTS:DALXF) Short Interest Up 5.9% in August

Spartan Delta Corp. (OTCMKTS:DALXF) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 2,916,300 shares, an increase 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 Trading Up 3.4 %

DALXF opened at $2.89 on Thursday. Spartan Delta has a 1-year low of $1.95 and a 1-year high of $3.22. The firm’s 50 day simple moving average is $2.89 and its two-hundred day simple moving average is $2.88.

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.