Short Interest in Grid Metals Corp. (OTCMKTS:MSMGF) Rises By 177.6%

Grid Metals Corp. (OTCMKTS:MSMGF) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 21,100 shares, an increase of 177.6% from the September 15th total of 7,600 shares. Based on an average daily trading volume, of 50,700 shares, the short-interest ratio is presently 0.4 days.

Shares of MSMGF traded up $0.00 during mid-day trading on Thursday, reaching $0.09. 20,500 shares of the company’s stock traded hands, compared to its average volume of 58,522. The business’s 50-day moving average price is $0.10 and its 200-day moving average price is $0.14. Grid Metals has a 12 month low of $0.07 and a 12 month high of $0.27.

Grid Metals Company Profile

Grid Metals Corp. engages in the exploration and development of mineral properties. Its portfolio include Makwa Mayville Nickel Copper, East Bull Lake Platinum Group Metals, Bannockburn Nickel, and Mayville PGE Zone projects. The company was founded on July 15, 1997 and is headquartered in Toronto, Canada.

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