Short Interest in Decklar Resources Inc. (OTCMKTS:DKLRF) Grows By 75.0%

Decklar Resources Inc. (OTCMKTS:DKLRF – Get Rating) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 5,600 shares, an increase of 75.0% from the April 30th total of 3,200 shares. Based on an average trading volume of 7,800 shares, the short-interest ratio is presently 0.7 days.

DKLRF stock opened at $0.44 on Friday. Decklar Resources has a 12 month low of $0.37 and a 12 month high of $1.03. The firm has a 50 day simple moving average of $0.44 and a 200 day simple moving average of $0.49.

About Decklar Resources (Get Rating)

Decklar Resources Inc operates as an independent international oil and gas company in Nigeria and Canada. The company explores for copper, lead, and zinc deposits. It focuses on appraisal and development in the West African region. The company holds interests in the Oza Oil Field that covers an area of 20 square kilometers located onshore in the northern part of Oil Mining Lease (OML) 11 in Nigeria's Eastern Niger Delta; the Asaramatoru Field located onshore in the southern swamp section of OML 11 in the Eastern Niger Delta; and the Emohua Oil Field located onshore in the southeastern section of OML 22 in the Eastern Niger Delta.

Read More