Short Interest in Kelt Exploration Ltd. (OTCMKTS:KELTF) Drops By 15.3%

Kelt Exploration Ltd. (OTCMKTS:KELTF) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 3,053,400 shares, a drop of 15.3% from the July 15th total of 3,605,500 shares. Based on an average daily volume of 21,400 shares, the short-interest ratio is presently 142.7 days.

Kelt Exploration Price Performance

KELTF stock traded down $0.03 during trading on Friday, reaching $4.57. 43,046 shares of the stock were exchanged, compared to its average volume of 21,447. The business has a 50 day moving average price of $4.39 and a 200-day moving average price of $4.38. 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.