Grid Metals Corp. (OTCMKTS:MSMGF) Short Interest Up 336.5% in August

Grid Metals Corp. (OTCMKTS:MSMGFGet Free Report) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 46,771 shares, a growth of 336.5% from the July 30th total of 10,716 shares. Based on an average trading volume of 260,207 shares, the short-interest ratio is presently 0.2 days.

Grid Metals Stock Performance

Shares of OTCMKTS:MSMGF traded down $0.00 during mid-day trading on Friday, reaching $0.11. The stock had a trading volume of 41,000 shares, compared to its average volume of 139,379. The firm has a 50 day simple moving average of $0.09 and a two-hundred day simple moving average of $0.09. Grid Metals has a twelve month low of $0.05 and a twelve month high of $0.13.

Grid Metals Company Profile

(Get Free Report)

Grid Metals Corp (OTCMKTS: MSMGF) is a Canadian mineral exploration company focused on the acquisition, exploration and development of strategic battery‐metal properties within the Canadian Shield. The company’s primary targets include nickel, cobalt, copper and platinum‐group elements (PGEs), reflecting growing global demand for metals critical to renewable energy, electric vehicle and clean‐energy infrastructure applications.

Grid Metals holds a portfolio of exploration properties in Manitoba and Ontario.

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