Short Interest in Drone Delivery Canada Corp. (OTCMKTS:TAKOF) Declines By 68.8%

Drone Delivery Canada Corp. (OTCMKTS:TAKOF) saw a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 16,900 shares, a decrease of 68.8% from the January 15th total of 54,200 shares. Based on an average daily volume of 319,900 shares, the short-interest ratio is currently 0.1 days.

Drone Delivery Canada Price Performance

Shares of Drone Delivery Canada stock traded up $0.01 during mid-day trading on Wednesday, hitting $0.13. 186,518 shares of the stock were exchanged, compared to its average volume of 176,827. Drone Delivery Canada has a 12 month low of $0.08 and a 12 month high of $0.26. The company has a 50-day simple moving average of $0.11 and a 200 day simple moving average of $0.12.

Drone Delivery Canada Company Profile

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.