Grid Metals Corp. (OTCMKTS:MSMGF) Short Interest Up 336.5% in August

Grid Metals Corp. (OTCMKTS:MSMGFGet Free Report) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 46,771 shares, a growth of 336.5% from the July 30th total of 10,716 shares. Based on an average trading volume of 260,207 shares, the days-to-cover ratio is currently 0.2 days.

Grid Metals Trading Up 0.6%

Grid Metals stock traded up $0.00 during midday trading on Wednesday, reaching $0.11. 50,000 shares of the company were exchanged, compared to its average volume of 139,664. The firm’s 50-day simple moving average is $0.09 and its 200-day simple moving average is $0.09. Grid Metals has a 1 year low of $0.05 and a 1 year high of $0.13.

About Grid Metals

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Grid Metals Corp (OTCMKTS: MSMGF) is a Canadian mineral exploration company focused on the acquisition, exploration and development of strategic battery‐metal properties within the Canadian Shield. The company’s primary targets include nickel, cobalt, copper and platinum‐group elements (PGEs), reflecting growing global demand for metals critical to renewable energy, electric vehicle and clean‐energy infrastructure applications.

Grid Metals holds a portfolio of exploration properties in Manitoba and Ontario.

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