Short Interest in Metallis Resources Inc. (OTCMKTS:MTLFF) Expands By 161.9%

Metallis Resources Inc. (OTCMKTS:MTLFF) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 35,089 shares, an increase of 161.9% from the February 26th total of 13,399 shares. Based on an average trading volume of 58,839 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 58,839 shares, the short-interest ratio is presently 0.6 days.

Metallis Resources Stock Performance

Shares of Metallis Resources stock remained flat at $0.11 on Wednesday. The stock had a trading volume of 201,000 shares, compared to its average volume of 65,675. The stock has a fifty day moving average price of $0.13 and a 200-day moving average price of $0.20. Metallis Resources has a fifty-two week low of $0.11 and a fifty-two week high of $0.40.

About Metallis Resources

Metallis Resources Inc engages in the exploration and development of mineral properties in Canada. The company primarily explores for gold, copper, nickel, and silver deposits. It holds 100% interest in the Kirkham property comprising 30 contiguous claims covering an area of approximately 10,610 hectares located in north-western British Columbia. It also holds 100% interest in the Greyhound property comprising two past producing silver/gold mines covering an area of 677 hectares located in the Idaho, the United States.