Kelt Exploration Ltd. (OTCMKTS:KELTF) Sees Large Drop in Short Interest

Kelt Exploration Ltd. (OTCMKTS:KELTF) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 3,174,600 shares, a decrease of 12.4% from the September 15th total of 3,623,700 shares. Based on an average trading volume of 46,900 shares, the short-interest ratio is presently 67.7 days.

Kelt Exploration Trading Down 5.6 %

Shares of Kelt Exploration stock opened at $4.69 on Wednesday. The firm has a 50-day simple moving average of $4.58 and a two-hundred day simple moving average of $4.48. Kelt Exploration has a fifty-two week low of $3.65 and a fifty-two week high of $5.95.

About Kelt Exploration

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.