Metallis Resources Inc. (OTCMKTS:MTLFF) Sees Large Growth in Short Interest

Metallis Resources Inc. (OTCMKTS:MTLFF – Get Rating) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 15,500 shares, a growth of 1,450.0% from the April 30th total of 1,000 shares. Based on an average daily trading volume, of 42,000 shares, the days-to-cover ratio is presently 0.4 days.

Metallis Resources Stock Performance

Shares of OTCMKTS:MTLFF remained flat at $0.04 during trading on Friday. Metallis Resources has a 12 month low of $0.04 and a 12 month high of $0.21. The firm has a 50-day moving average price of $0.06 and a 200 day moving average price of $0.07.

About Metallis Resources

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Metallis Resources, Inc engages in the exploration of gold, copper, silver, and nickel. Its focuses on the Kirkham Property. The company was founded on June 19, 2007 and is headquartered in Vancouver, Canada.