Drone Delivery Canada Corp. (OTCMKTS:TAKOF – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,186,392 shares, an increase of 47.4% from the August 31st total of 2,162,137 shares. Based on an average daily trading volume, of 434,958 shares, the short-interest ratio is currently 7.3 days.
Drone Delivery Canada Stock Up 2.9%
OTCMKTS TAKOF opened at $0.39 on Friday. Drone Delivery Canada has a 1-year low of $0.26 and a 1-year high of $0.68. The business’s 50-day simple moving average is $0.38 and its 200-day simple moving average is $0.44.
About Drone Delivery Canada
Drone Delivery Canada Corp. is a Canadian technology company focused on developing and operating drone-based delivery systems. The company provides automated delivery solutions designed to transport goods such as medical supplies, retail products, food and other time-sensitive items between designated locations.
Its offerings include proprietary delivery drones, including the Sparrow and Condor platforms, as well as the Flyte logistics-management software platform. The software is designed to support route planning, flight monitoring, tracking and delivery operations.
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