Short Interest in Grid Metals Corp. (OTCMKTS:MSMGF) Grows By 491.8%

Grid Metals Corp. (OTCMKTS:MSMGF) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 122,500 shares, a growth of 491.8% from the February 28th total of 20,700 shares. Based on an average trading volume of 118,800 shares, the short-interest ratio is presently 1.0 days.

Grid Metals Price Performance

OTCMKTS MSMGF remained flat at $0.03 during mid-day trading on Wednesday. Grid Metals has a one year low of $0.02 and a one year high of $0.06. The business’s 50 day moving average price is $0.03 and its 200-day moving average price is $0.03.

Grid Metals Company Profile

Grid Metals Corp. engages in the exploring and developing base and precious metal mineral properties in Canada. It explores for nickel, copper, cobalt, lithium, and platinum group metals. The company primarily focuses on the East Bull Lake Palladium property that consists of unpatented mining claims located in Ontario.