Short Interest in Patriot Battery Metals Inc. (OTCMKTS:PMETF) Increases By 22.4%

Patriot Battery Metals Inc. (OTCMKTS:PMETF) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 768,100 shares, an increase of 22.4% from the November 30th total of 627,300 shares. Based on an average daily volume of 70,100 shares, the days-to-cover ratio is currently 11.0 days.

Patriot Battery Metals Stock Performance

OTCMKTS:PMETF traded up C$0.01 during midday trading on Tuesday, reaching C$2.45. The stock had a trading volume of 8,068 shares, compared to its average volume of 35,861. The firm has a fifty day simple moving average of C$2.18 and a two-hundred day simple moving average of C$2.87. Patriot Battery Metals has a 12-month low of C$1.65 and a 12-month high of C$7.52.

About Patriot Battery Metals

Patriot Battery Metals Inc engages in the identification, evaluation, acquisition, and exploration of mineral properties. The company primarily explores for gold, copper, silver, platinum, and lithium deposits. Its flagship properties include Corvette- FCI project comprising 417 claims totaling 21,357 hectares located in Quebec.