Energy Transition Minerals Ltd (OTCMKTS:GDLNF) Sees Significant Increase in Short Interest

Energy Transition Minerals Ltd (OTCMKTS:GDLNF) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 306,700 shares, an increase of 176.8% from the May 31st total of 110,800 shares. Based on an average daily volume of 187,600 shares, the short-interest ratio is presently 1.6 days.

Energy Transition Minerals Stock Down 16.9 %

Shares of OTCMKTS GDLNF traded down $0.00 during midday trading on Thursday, reaching $0.01. The company’s stock had a trading volume of 5,000 shares, compared to its average volume of 74,791. Energy Transition Minerals has a fifty-two week low of $0.01 and a fifty-two week high of $0.05. The business’s 50 day moving average price is $0.02 and its two-hundred day moving average price is $0.03.

About Energy Transition Minerals

Energy Transition Minerals Ltd involves in the mineral exploration and evaluation activities in Australia. It explores for rare earth elements and lithium. Its flagship project is the Kvanefjeld project located in southern Greenland. The company was formerly known as Greenland Minerals Limited and changed its name to Energy Transition Minerals Ltd in November 2022.