Defense Metals Corp. (OTCMKTS:DFMTF) Sees Large Decrease in Short Interest

Defense Metals Corp. (OTCMKTS:DFMTF) saw a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 39,700 shares, a drop of 30.2% from the January 31st total of 56,900 shares. Based on an average daily volume of 219,800 shares, the short-interest ratio is presently 0.2 days.

Defense Metals Price Performance

Defense Metals stock traded down $0.00 during trading on Tuesday, hitting $0.11. The stock had a trading volume of 23,720 shares, compared to its average volume of 121,006. The stock’s 50 day moving average is $0.12 and its two-hundred day moving average is $0.09. Defense Metals has a 1 year low of $0.05 and a 1 year high of $0.18.

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.