Delek Group Ltd. (OTCMKTS:DELKY – Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 499 shares, a decrease 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 currently 1.2 days.
Delek Group Stock Performance
Shares of Delek Group stock remained flat at $28.07 on Wednesday. The company’s stock had a trading volume of 265 shares, compared to its average volume of 1,189. Delek Group has a twelve month low of $23.78 and a twelve month high of $54.00. The company’s 50 day moving average price is $28.34 and its two-hundred day moving average price is $31.16.
Delek Group Company Profile
Delek Group Ltd. is an Israel-based holding company focused primarily on energy and infrastructure investments. Its activities include the exploration, development, production, and sale of natural gas and crude oil, as well as related energy services and assets.
The group’s portfolio has included interests in NewMed Energy, formerly known as Delek Drilling, which is involved in natural-gas exploration and production in the Eastern Mediterranean, including the offshore Leviathan and Tamar fields.
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