Grid Metals Corp. (OTCMKTS:MSMGF) Sees Significant Decrease in Short Interest

Grid Metals Corp. (OTCMKTS:MSMGF) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 36,292 shares, a decline of 67.1% from the September 15th total of 110,204 shares. Based on an average trading volume of 174,961 shares, the days-to-cover ratio is presently 0.2 days.

Grid Metals Stock Down 4.9%

Shares of Grid Metals stock traded down $0.01 during trading on Wednesday, hitting $0.15. 5,549 shares of the stock were exchanged, compared to its average volume of 143,718. The stock’s fifty day moving average is $0.11 and its 200 day moving average is $0.09. Grid Metals has a 12 month low of $0.06 and a 12 month high of $0.17.

Grid Metals Company Profile

Grid Metals Corp. is a Canadian mineral exploration and development company focused on battery and critical metals. The company’s activities include acquiring, exploring and advancing mineral properties with potential for nickel, copper, cobalt, platinum-group elements and lithium.

Grid Metals’ principal projects are located in Manitoba, Canada. Its Makwa-Mayville property is prospective for nickel, copper, cobalt and platinum-group elements, while the Donner Lake project is focused on lithium-bearing spodumene pegmatites.