Grid Metals Corp. (OTCMKTS:MSMGF) Short Interest Up 1,970.0% in February

Grid Metals Corp. (OTCMKTS:MSMGF) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 20,700 shares, an increase of 1,970.0% from the February 13th total of 1,000 shares. Based on an average trading volume of 129,000 shares, the days-to-cover ratio is currently 0.2 days.

Grid Metals Price Performance

Shares of OTCMKTS MSMGF remained flat at $0.03 during mid-day trading on Wednesday. Grid Metals has a 1-year low of $0.02 and a 1-year high of $0.06. The business has a 50 day simple moving average of $0.03 and a 200-day simple moving average of $0.03.

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.