Pacific North West Capital Corp. (OTCMKTS:NMTLF) Sees Significant Drop in Short Interest

Pacific North West Capital Corp. (OTCMKTS:NMTLF) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 27,434 shares, a decline of 34.1% from the May 14th total of 41,636 shares. Based on an average daily trading volume, of 74,286 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company’s shares are short sold.

Pacific North West Capital Price Performance

OTCMKTS:NMTLF remained flat at $0.22 during midday trading on Wednesday. 5,340 shares of the company were exchanged, compared to its average volume of 53,637. The business has a 50 day moving average of $0.24 and a two-hundred day moving average of $0.28. Pacific North West Capital has a 52 week low of $0.12 and a 52 week high of $0.45.

About Pacific North West Capital

New Age Metals Inc, a mineral exploration company, engages in the acquisition, exploration, and development of platinum group metals (PGMs), and precious and base metal properties in Canada. The company explores for rhodium, palladium, platinum, gold, nickel, copper, and lithium deposits. It holds interests in the River Valley PGE project located in the Dana and Pardo townships of Northern Ontario; the Genesis PGE project located in south central Alaska; and lithium projects situated to the northeast of Winnipeg, Manitoba.