Grid Metals Corp. (OTCMKTS:MSMGF) Short Interest Up 4,400.0% in April

Grid Metals Corp. (OTCMKTS:MSMGF) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 9,000 shares, an increase of 4,400.0% from the March 31st total of 200 shares. Based on an average daily trading volume, of 6,000 shares, the short-interest ratio is currently 1.5 days.

Grid Metals Price Performance

Grid Metals stock remained flat at $0.05 during trading hours on Friday. Grid Metals has a 52-week low of $0.04 and a 52-week high of $0.14. The stock’s fifty day moving average is $0.05 and its 200-day moving average is $0.06.

About Grid Metals

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.