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

Spartan Delta Corp. (OTCMKTS:DALXF) was the target 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 trading volume, of 13,900 shares, the short-interest ratio is currently 209.8 days.

Spartan Delta Trading Up 1.6 %

Shares of DALXF traded up $0.05 during trading hours on Wednesday, hitting $2.80. The stock had a trading volume of 15,310 shares, compared to its average volume of 20,669. The company’s fifty day simple moving average is $2.89 and its 200 day simple moving average is $2.87. Spartan Delta has a 12-month low of $1.95 and a 12-month high of $3.22.

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.