Spartan Delta Corp. (OTCMKTS:DALXF) Short Interest Up 34.0% in March

Spartan Delta Corp. (OTCMKTS:DALXF) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 1,580,800 shares, a growth of 34.0% from the February 28th total of 1,180,100 shares. Based on an average daily trading volume, of 253,800 shares, the days-to-cover ratio is presently 6.2 days.

Spartan Delta Stock Up 3.2 %

DALXF traded up $0.07 during trading on Monday, hitting $2.34. The company’s stock had a trading volume of 16,501 shares, compared to its average volume of 71,647. The business’s 50 day simple moving average is $2.42 and its 200-day simple moving average is $2.50. Spartan Delta has a one year low of $1.88 and a one year high of $3.16.

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.