Energy Transition Minerals Ltd (OTCMKTS:GDLNF) Sees Large Increase in Short Interest

Energy Transition Minerals Ltd (OTCMKTS:GDLNF) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 306,700 shares, a growth of 176.8% from the May 31st total of 110,800 shares. Based on an average daily trading volume, of 187,600 shares, the days-to-cover ratio is presently 1.6 days.

Energy Transition Minerals Price Performance

Shares of GDLNF remained flat at $0.01 during trading hours on Friday. 69,800 shares of the stock were exchanged, compared to its average volume of 74,747. Energy Transition Minerals has a 12-month low of $0.01 and a 12-month high of $0.05. The stock has a 50-day simple moving average of $0.02 and a two-hundred day simple moving average of $0.03.

About Energy Transition Minerals

Energy Transition Minerals Ltd involves in the mineral exploration and evaluation activities in Australia. It explores for rare earth elements and lithium. Its flagship project is the Kvanefjeld project located in southern Greenland. The company was formerly known as Greenland Minerals Limited and changed its name to Energy Transition Minerals Ltd in November 2022.