Defense Metals Corp. (OTCMKTS:DFMTF) Short Interest Down 30.2% in February

Defense Metals Corp. (OTCMKTS:DFMTF) saw a large drop in short interest in February. As of February 15th, there was short interest totalling 39,700 shares, a drop of 30.2% from the January 31st total of 56,900 shares. Based on an average daily volume of 219,800 shares, the short-interest ratio is presently 0.2 days.

Defense Metals Stock Performance

DFMTF stock opened at $0.11 on Wednesday. The company’s 50 day moving average price is $0.12 and its 200 day moving average price is $0.09. Defense Metals has a fifty-two week low of $0.05 and a fifty-two week high of $0.18.

Defense Metals Company Profile

Defense Metals Corp. engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. It holds 100% interest in the Wicheeda Project consisting of 6 claims covering an area of 8,301 hectares located in British Columbia. The company was formerly known as First Legacy Mining Corp.