Short Interest in Grid Metals Corp. (OTCMKTS:MSMGF) Declines By 88.9%

Grid Metals Corp. (OTCMKTS:MSMGF) saw a large decline in short interest in March. As of March 31st, there was short interest totalling 13,600 shares, a decline of 88.9% from the March 15th total of 122,500 shares. Based on an average daily volume of 19,000 shares, the short-interest ratio is presently 0.7 days.

Grid Metals Price Performance

Grid Metals stock remained flat at $0.03 during midday trading on Tuesday. The firm has a 50 day moving average of $0.03 and a 200-day moving average of $0.03. Grid Metals has a 12 month low of $0.02 and a 12 month high of $0.06.

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.