Grid Metals Corp. (OTCMKTS:MSMGF) Sees Large Decline in Short Interest

Grid Metals Corp. (OTCMKTS:MSMGFGet Free Report) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 23,212 shares, a decrease of 50.4% from the August 15th total of 46,771 shares. Based on an average daily trading volume, of 169,584 shares, the days-to-cover ratio is currently 0.1 days.

Grid Metals Price Performance

OTCMKTS:MSMGF remained flat at $0.11 during trading hours on Tuesday. The company had a trading volume of 5,999 shares, compared to its average volume of 137,401. The stock has a fifty day simple moving average of $0.09 and a two-hundred day simple moving average of $0.09. Grid Metals has a fifty-two week low of $0.06 and a fifty-two week 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.

Further Reading

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