FireFly Metals Ltd (OTCMKTS:MNXMF) Sees Significant Decline in Short Interest

FireFly Metals Ltd (OTCMKTS:MNXMF) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 1,723,400 shares, a decline of 36.4% from the September 30th total of 2,708,500 shares. Based on an average daily volume of 9,400 shares, the short-interest ratio is currently 183.3 days. Based on an average daily volume of 9,400 shares, the short-interest ratio is currently 183.3 days.

FireFly Metals Stock Performance

OTCMKTS MNXMF traded up $0.05 on Monday, hitting $1.35. 3,860 shares of the company’s stock were exchanged, compared to its average volume of 29,608. FireFly Metals has a fifty-two week low of $0.43 and a fifty-two week high of $1.45. The firm’s 50-day moving average price is $0.91 and its two-hundred day moving average price is $0.75.

FireFly Metals Company Profile

FireFly Metals Ltd engages in the exploration and evaluation of mineral deposits in Australia and Canada. The company operates through three segments: Green Bay Project; Pickle Grow Project; and Limestone Well Project. It primarily explores for gold, titanium, vanadium, and copper deposits. Its flagship project is the Green Bay copper-gold project in Newfoundland, Canada.