Metallis Resources Inc. (OTCMKTS:MTLFF) Sees Significant Growth in Short Interest

Metallis Resources Inc. (OTCMKTS:MTLFF) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 77,600 shares, an increase of 146.3% from the February 13th total of 31,500 shares. Based on an average trading volume of 80,200 shares, the days-to-cover ratio is presently 1.0 days.

Metallis Resources Stock Performance

MTLFF stock traded up $0.00 during trading hours on Friday, reaching $0.13. The stock had a trading volume of 17,130 shares, compared to its average volume of 55,141. Metallis Resources has a fifty-two week low of $0.05 and a fifty-two week high of $0.25. The stock has a 50-day simple moving average of $0.15 and a 200 day simple moving average of $0.15.

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.