Short Interest in Drone Delivery Canada Corp. (OTCMKTS:TAKOF) Decreases By 90.3%

Drone Delivery Canada Corp. (OTCMKTS:TAKOF) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 3,600 shares, a drop of 90.3% from the February 13th total of 37,100 shares. Based on an average daily volume of 91,700 shares, the days-to-cover ratio is presently 0.0 days.

Drone Delivery Canada Stock Performance

TAKOF traded up $0.00 on Friday, reaching $0.12. 3,545 shares of the company traded hands, compared to its average volume of 127,211. The stock’s 50 day moving average price is $0.13 and its 200-day moving average price is $0.12. Drone Delivery Canada has a 52-week low of $0.08 and a 52-week high of $0.26.

Drone Delivery Canada Company Profile

Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution.