Emergent Metals Corp. (OTCMKTS:EGMCF) Sees Large Growth in Short Interest

Emergent Metals Corp. (OTCMKTS:EGMCF) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 11,600 shares, an increase of 123.1% from the February 28th total of 5,200 shares. Based on an average daily volume of 47,900 shares, the short-interest ratio is presently 0.2 days.

Emergent Metals Stock Performance

OTCMKTS:EGMCF traded up $0.00 during trading hours on Friday, reaching $0.03. The stock had a trading volume of 200 shares, compared to its average volume of 82,970. The stock has a 50 day simple moving average of $0.05 and a 200 day simple moving average of $0.06. Emergent Metals has a 12-month low of $0.02 and a 12-month high of $0.09.

About Emergent Metals

Emergent Metals Corp. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for gold, silver, molybdenum, copper, and other mineral deposits. The company holds interest in the Golden Arrow, the New York Canyon, the Mindora, Buckskin Rawhide East, Buckskin Rawhide West, and Koegel Rawhide properties located in Nevada, the United States.