Short Interest in Grid Metals Corp. (OTCMKTS:MSMGF) Grows By 199.2%

Grid Metals Corp. (OTCMKTS:MSMGFGet Free Report) saw a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 38,600 shares, a growth of 199.2% from the May 15th total of 12,900 shares. Based on an average daily trading volume, of 73,000 shares, the short-interest ratio is presently 0.5 days.

Grid Metals Price Performance

Shares of Grid Metals stock opened at $0.03 on Friday. The company has a fifty day moving average of $0.03 and a 200 day moving average of $0.03. Grid Metals has a fifty-two week low of $0.02 and a fifty-two week high of $0.06.

About Grid Metals

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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.

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