Drone Delivery Canada Corp. (OTCMKTS:TAKOF) Short Interest Update

Drone Delivery Canada Corp. (OTCMKTS:TAKOF) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 4,015,762 shares, an increase of 119.6% from the June 30th total of 1,828,724 shares. Based on an average daily trading volume, of 351,497 shares, the short-interest ratio is currently 11.4 days.

Drone Delivery Canada Stock Down 1.2%

Shares of OTCMKTS TAKOF opened at $0.34 on Tuesday. Drone Delivery Canada has a twelve month low of $0.30 and a twelve month high of $0.68. The stock has a fifty day simple moving average of $0.42 and a 200-day simple moving average of $0.47.

Drone Delivery Canada Company Profile

Drone Delivery Canada Inc (OTCMKTS:TAKOF) is a Canadian technology company that designs, engineers and operates an end-to-end drone logistics network. Founded in 2014 and headquartered in Vaughan, Ontario, the company focuses on delivering mission-critical payloads beyond visual line of sight (BVLOS) over land and water. Its integrated system combines proprietary unmanned aerial vehicles (UAVs), ground-based launch and landing stations (LLS), and a cloud-based operations platform to enable automated parcel transport in areas with limited or no road access.

At the core of Drone Delivery Canada’s offering is its fleet of heavy-lift drones capable of carrying payloads up to 10 kilograms per flight, supported by the High-Speed Aerial Logistics Operating System (HALOS) for route planning, scheduling and airspace management.