Short Interest in Defense Metals Corp. (OTCMKTS:DFMTF) Declines By 75.1%

Defense Metals Corp. (OTCMKTS:DFMTF) saw a significant decrease in short interest in June. As of June 30th, there was short interest totalling 7,200 shares, a decrease of 75.1% from the June 15th total of 28,900 shares. Based on an average trading volume of 163,500 shares, the short-interest ratio is currently 0.0 days.

Defense Metals Stock Performance

Shares of Defense Metals stock remained flat at $0.14 on Thursday. The stock had a trading volume of 69,143 shares, compared to its average volume of 74,815. Defense Metals has a fifty-two week low of $0.11 and a fifty-two week high of $0.21. The business has a 50-day moving average price of $0.15 and a 200 day moving average price of $0.16.

Defense Metals Company Profile

Defense Metals Corp. engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. It has 100% interest in the Wicheeda project consisting of 9 mineral claims covering an area of 4,244 hectares located in British Columbia. The company was formerly known as First Legacy Mining Corp.