Defense Metals Corp. (OTCMKTS:DFMTF) Short Interest Update

Defense Metals Corp. (OTCMKTS:DFMTF) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 76,100 shares, a growth of 91.2% from the December 31st total of 39,800 shares. Based on an average trading volume of 415,000 shares, the days-to-cover ratio is currently 0.2 days.

Defense Metals Trading Down 0.7 %

Shares of OTCMKTS DFMTF traded down $0.00 during mid-day trading on Wednesday, reaching $0.11. 117,086 shares of the company were exchanged, compared to its average volume of 93,064. The firm has a 50-day moving average of $0.10 and a 200 day moving average of $0.09. Defense Metals has a 1 year low of $0.05 and a 1 year high of $0.20.

About Defense Metals

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.