Grid Metals Corp. (OTCMKTS:MSMGF) Short Interest Up 13,216.7% in March

Grid Metals Corp. (OTCMKTS:MSMGF – Get Rating) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 79,900 shares, an increase of 13,216.7% from the March 15th total of 600 shares. Based on an average daily volume of 125,700 shares, the short-interest ratio is currently 0.6 days.

Grid Metals stock opened at $0.17 on Thursday. The company has a fifty day simple moving average of $0.14 and a 200-day simple moving average of $0.11. Grid Metals has a 12-month low of $0.07 and a 12-month high of $0.23.

About Grid Metals (Get Rating)

Grid Metals Corp. engages in the exploration and development of mineral properties. Its portfolio include Makwa Mayville Nickel Copper, East Bull Lake Platinum Group Metals, Bannockburn Nickel, and Mayville PGE Zone projects. The company was founded on July 15, 1997 and is headquartered in Toronto, Canada.

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