Defense Metals Corp. (OTCMKTS:DFMTF) Sees Significant Growth in Short Interest

Defense Metals Corp. (OTCMKTS:DFMTF) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 4,200 shares, a growth of 2,000.0% from the October 31st total of 200 shares. Based on an average daily volume of 97,400 shares, the days-to-cover ratio is currently 0.0 days.

Defense Metals Stock Performance

Defense Metals stock traded down $0.00 during mid-day trading on Wednesday, hitting $0.08. The company’s stock had a trading volume of 28,244 shares, compared to its average volume of 78,615. The business has a 50 day moving average price of $0.07 and a 200-day moving average price of $0.10. Defense Metals has a 12 month low of $0.05 and a 12 month high of $0.21.

About Defense Metals

Defense Metals Corp. engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. It holds 100% interest in the Wicheeda Project consisting of 6 claims covering an area of 8,301 hectares located in British Columbia. The company was formerly known as First Legacy Mining Corp.