Defense Metals Corp. (OTCMKTS:DFMTF) Sees Significant Growth in Short Interest

Defense Metals Corp. (OTCMKTS:DFMTF) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 4,200 shares, a growth of 2,000.0% from the October 31st total of 200 shares. Based on an average daily trading volume, of 97,400 shares, the short-interest ratio is currently 0.0 days.

Defense Metals Stock Performance

OTCMKTS:DFMTF traded down $0.00 on Wednesday, reaching $0.08. 28,244 shares of the stock traded hands, compared to its average volume of 78,615. The company’s 50 day moving average is $0.07 and its 200-day moving average is $0.10. Defense Metals has a 1-year low of $0.05 and a 1-year high of $0.21.

About Defense Metals

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.