Short Interest in Defense Metals Corp. (OTCMKTS:DFMTF) Expands By 56,800.0%

Defense Metals Corp. (OTCMKTS:DFMTF) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 56,900 shares, an increase of 56,800.0% from the January 15th total of 100 shares. Based on an average daily volume of 194,100 shares, the days-to-cover ratio is presently 0.3 days.

Defense Metals Stock Up 0.9 %

DFMTF opened at $0.12 on Friday. Defense Metals has a twelve month low of $0.05 and a twelve month high of $0.20. The company has a 50-day simple moving average of $0.11 and a 200 day simple moving average of $0.09.

Defense Metals Company Profile

Defense Metals Corp. engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. It holds 100% interest in the Wicheeda Project consisting of 6 claims covering an area of 8,301 hectares located in British Columbia. The company was formerly known as First Legacy Mining Corp.