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

Grid Metals Corp. (OTCMKTS:MSMGF) was the recipient of a large growth in short interest in the month of 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 daily trading volume, of 118,800 shares, the days-to-cover ratio is presently 1.0 days.

Grid Metals Price Performance

Shares of MSMGF stock remained flat at $0.03 on Wednesday. Grid Metals has a twelve month low of $0.02 and a twelve month high of $0.06. The stock’s 50-day moving average price is $0.03 and its 200-day moving average price is $0.03.

About Grid Metals

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.