Short Interest in Deterra Royalties Limited (OTCMKTS:DETRF) Declines By 76.0%

Deterra Royalties Limited (OTCMKTS:DETRF) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 119,300 shares, a drop of 76.0% from the June 30th total of 496,500 shares. Based on an average daily trading volume, of 2,500 shares, the days-to-cover ratio is presently 47.7 days.

Deterra Royalties Price Performance

DETRF remained flat at C$2.51 during trading on Friday. The business’s fifty day moving average is C$2.93 and its two-hundred day moving average is C$3.22. Deterra Royalties has a 12 month low of C$2.51 and a 12 month high of C$3.82.

About Deterra Royalties

Deterra Royalties Limited operates as a royalty investment company in Australia. The company is also involved in the management and growth of a portfolio of royalty assets across bulk commodities, base, and battery metals. It holds interest in a portfolio of six royalties over the Mining Area C, Yoongarillup/Yalyalup, Eneabba, Wonnerup, and St Ives.