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

Deterra Royalties Limited (OTCMKTS:DETRF) saw a large drop in short interest in January. As of January 15th, there was short interest totalling 132,900 shares, a drop of 12.7% from the December 31st total of 152,200 shares. Based on an average daily trading volume, of 80,300 shares, the days-to-cover ratio is currently 1.7 days.

Deterra Royalties Price Performance

DETRF stock remained flat at C$2.65 during mid-day trading on Monday. 299 shares of the company’s stock were exchanged, compared to its average volume of 6,276. Deterra Royalties has a twelve month low of C$2.13 and a twelve month high of C$3.80. The business has a 50 day moving average of C$2.54 and a 200 day moving average of C$2.57.

Deterra Royalties Company Profile

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.