Deterra Royalties Limited (OTCMKTS:DETRF) Sees Significant Increase in Short Interest

Deterra Royalties Limited (OTCMKTS:DETRF) was the recipient of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 155,200 shares, a growth of 58.5% from the November 15th total of 97,900 shares. Based on an average daily trading volume, of 15,800 shares, the days-to-cover ratio is currently 9.8 days.

Deterra Royalties Stock Performance

Shares of OTCMKTS DETRF traded down C$0.03 during mid-day trading on Friday, reaching C$2.66. 34,838 shares of the company traded hands, compared to its average volume of 4,404. Deterra Royalties has a fifty-two week low of C$2.13 and a fifty-two week high of C$3.82. The company’s fifty day moving average is C$2.58 and its two-hundred day moving average is C$2.67.

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, Wonnerup, Eneabba, and St Ives.