Delek Group Ltd. (OTCMKTS:DELKY – Get Free Report) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 499 shares, a drop of 51.8% from the September 15th total of 1,035 shares. Based on an average daily trading volume, of 414 shares, the days-to-cover ratio is presently 1.2 days.
Delek Group Price Performance
DELKY opened at $29.95 on Friday. Delek Group has a 52-week low of $23.78 and a 52-week high of $54.00. The stock’s 50 day moving average price is $28.46 and its 200-day moving average price is $31.08.
Delek Group Company Profile
Delek Group Ltd. is an Israel-based holding company focused primarily on energy and natural resources. The group’s activities include the exploration, development, production, and sale of oil and natural gas, with operations and investments centered on Israel and the North Sea.
Delek Group’s principal energy interests include NewMed Energy, formerly known as Delek Drilling, which is involved in the development and production of natural gas assets in the Eastern Mediterranean, and Ithaca Energy, an exploration and production company with operations in the United Kingdom’s North Sea.
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