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

Kelt Exploration Ltd. (OTCMKTS:KELTF) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 3,174,600 shares, a decline of 12.4% from the September 15th total of 3,623,700 shares. Based on an average daily volume of 46,900 shares, the short-interest ratio is currently 67.7 days.

Kelt Exploration Stock Performance

OTCMKTS KELTF opened at $4.69 on Wednesday. The company has a fifty day moving average of $4.58 and a 200 day moving average of $4.48. Kelt Exploration has a 1 year low of $3.65 and a 1 year high of $5.95.

Kelt Exploration Company Profile

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.