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

Grid Metals Corp. (OTCMKTS:MSMGF) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 21,200 shares, a growth of 6,966.7% from the August 15th total of 300 shares. Based on an average daily volume of 20,300 shares, the short-interest ratio is presently 1.0 days.

Grid Metals Stock Performance

Grid Metals stock traded down $0.00 during midday trading on Thursday, reaching $0.03. The stock had a trading volume of 1,553,620 shares, compared to its average volume of 42,146. The company has a fifty day moving average price of $0.04 and a two-hundred day moving average price of $0.05. Grid Metals has a 12 month low of $0.02 and a 12 month high of $0.11.

Grid Metals Company Profile

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.