Defense Metals Corp. (OTCMKTS:DFMTF) Short Interest Update

Defense Metals Corp. (OTCMKTS:DFMTF) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 16,400 shares, an increase of 127.8% from the June 30th total of 7,200 shares. Based on an average trading volume of 50,400 shares, the short-interest ratio is currently 0.3 days.

Defense Metals Trading Down 5.4 %

Shares of OTCMKTS DFMTF traded down $0.01 during trading on Friday, reaching $0.12. The company had a trading volume of 48,013 shares, compared to its average volume of 72,229. Defense Metals has a 12-month low of $0.11 and a 12-month high of $0.21. The business’s 50-day moving average is $0.14 and its 200 day moving average is $0.16.

About Defense Metals

Defense Metals Corp. engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. It has 100% interest in the Wicheeda project consisting of 9 mineral claims covering an area of 4,244 hectares located in British Columbia. The company was formerly known as First Legacy Mining Corp.