Grid Metals Corp. (OTCMKTS:MSMGF) Sees Large Decline in Short Interest

Grid Metals Corp. (OTCMKTS:MSMGFGet Free Report) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 4,323 shares, a decrease of 93.4% from the April 30th total of 65,380 shares. Based on an average daily volume of 301,453 shares, the days-to-cover ratio is currently 0.0 days.

Grid Metals Stock Performance

Shares of MSMGF traded up $0.00 during mid-day trading on Wednesday, hitting $0.09. 30,000 shares of the company’s stock were exchanged, compared to its average volume of 159,128. The firm has a fifty day moving average of $0.09 and a two-hundred day moving average of $0.10. Grid Metals has a twelve month low of $0.03 and a twelve month 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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