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Short Interest in Drone Delivery Canada Corp. (OTCMKTS:TAKOF) Expands By 39.8%

Financial News Live ·  Aug 12, 2022 21:31

Drone Delivery Canada Corp. (OTCMKTS:TAKOF – Get Rating) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 27,400 shares, an increase of 39.8% from the July 15th total of 19,600 shares. Based on an average trading volume of 24,600 shares, the days-to-cover ratio is currently 1.1 days.

Drone Delivery Canada Stock Performance

OTCMKTS TAKOF remained flat at $0.41 during trading hours on Friday. The company had a trading volume of 16,449 shares, compared to its average volume of 33,581. Drone Delivery Canada has a one year low of $0.33 and a one year high of $1.09. The business's 50-day moving average is $0.43 and its 200-day moving average is $0.47.

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About Drone Delivery Canada

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Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution.

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