Defense Metals Corp. (OTCMKTS:DFMTF – Get Rating) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 68,600 shares, an increase of 138.2% from the September 15th total of 28,800 shares. Based on an average daily trading volume, of 136,500 shares, the short-interest ratio is currently 0.5 days.
Defense Metals Stock Performance
DFMTF stock traded up $0.00 on Thursday, hitting $0.19. 66,380 shares of the company were exchanged, compared to its average volume of 78,563. Defense Metals has a twelve month low of $0.12 and a twelve month high of $0.28. The business's fifty day moving average is $0.17 and its two-hundred day moving average is $0.18.
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Defense Metals Corp., engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. It has an option to acquire 100% interest in the Wicheeda project consisting of six mining claims covering an area of 4,244 hectares located in British Columbia. The company was formerly known as First Legacy Mining Corp.See Also
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