Short Interest in Grid Metals Corp. (OTCMKTS:MSMGF) Decreases By 93.4%

Grid Metals Corp. (OTCMKTS:MSMGFGet Free Report) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 4,323 shares, a decline 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 presently 0.0 days.

Grid Metals Stock Up 2.5%

MSMGF stock traded up $0.00 during mid-day trading on Friday, hitting $0.09. The company had a trading volume of 22,460 shares, compared to its average volume of 156,211. The company has a 50-day moving average price of $0.09 and a 200 day moving average price of $0.10. Grid Metals has a 12-month low of $0.03 and a 12-month high of $0.13.

Grid Metals Company Profile

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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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