Delek Group Ltd. (OTCMKTS:DELKY) Sees Large Growth in Short Interest

Delek Group Ltd. (OTCMKTS:DELKY) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 205 shares, an increase of 327.1% from the April 15th total of 48 shares. Based on an average daily volume of 4,132 shares, the short-interest ratio is presently 0.0 days.

Delek Group Stock Down 3.6%

Delek Group stock traded down $1.27 during mid-day trading on Wednesday, reaching $33.93. The company’s stock had a trading volume of 223 shares, compared to its average volume of 1,061. Delek Group has a 12-month low of $16.78 and a 12-month high of $54.00. The firm’s fifty day moving average price is $35.66 and its two-hundred day moving average price is $30.39.

About Delek Group

Delek Group Ltd., an energy company, engages in the exploration, development, production, and marketing of oil and gas in Israel and internationally. The company operates through three segments: Energy in Israel, Foreign Energy, and Other Operations. It holds interests in the Leviathan and Aphrodite reservoirs in Cyprus; assets oil offshore oil assets in the Mediterranean, as well as oil and gas reserves in the North Sea off the coast of England; and owns production, treatment, and storage facilities.