Defense Metals Corp. (OTCMKTS:DFMTF) Short Interest Update

Defense Metals Corp. (OTCMKTS:DFMTF) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 56,900 shares, an increase of 56,800.0% from the January 15th total of 100 shares. Based on an average daily volume of 194,100 shares, the short-interest ratio is currently 0.3 days.

Defense Metals Stock Up 4.5 %

Defense Metals stock traded up $0.01 during midday trading on Wednesday, reaching $0.13. The stock had a trading volume of 50,100 shares, compared to its average volume of 104,848. The firm’s fifty day simple moving average is $0.11 and its 200-day simple moving average is $0.09. Defense Metals has a 1-year low of $0.05 and a 1-year high of $0.20.

Defense Metals Company Profile

Defense Metals Corp. engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. It holds 100% interest in the Wicheeda Project consisting of 6 claims covering an area of 8,301 hectares located in British Columbia. The company was formerly known as First Legacy Mining Corp.