Short Interest in Grid Metals Corp. (OTCMKTS:MSMGF) Drops By 95.3%

Grid Metals Corp. (OTCMKTS:MSMGF) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 1,000 shares, a drop of 95.3% from the August 31st total of 21,200 shares. Based on an average daily trading volume, of 348,300 shares, the short-interest ratio is presently 0.0 days.

Grid Metals Price Performance

MSMGF traded up $0.00 during midday trading on Thursday, reaching $0.03. 174,000 shares of the company were exchanged, compared to its average volume of 42,765. Grid Metals has a one year low of $0.02 and a one year high of $0.09. The stock’s 50-day simple moving average is $0.03 and its 200 day simple moving average is $0.05.

Grid Metals Company Profile

Grid Metals Corp. engages in the exploring and developing base and precious metal mineral properties in Canada. It explores for nickel, copper, cobalt, lithium, and platinum group metals. The company primarily focuses on the East Bull Lake Palladium property that consists of unpatented mining claims located in Ontario.