Defense Metals Corp. (OTCMKTS:DFMTF) Short Interest Up 84.9% in February

Defense Metals Corp. (OTCMKTS:DFMTF) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 73,400 shares, an increase of 84.9% from the February 13th total of 39,700 shares. Based on an average trading volume of 378,700 shares, the short-interest ratio is presently 0.2 days.

Defense Metals Stock Performance

Shares of Defense Metals stock traded down $0.00 during trading on Friday, reaching $0.12. The company’s stock had a trading volume of 98,200 shares, compared to its average volume of 133,255. The company has a 50-day moving average price of $0.12 and a two-hundred day moving average price of $0.09. Defense Metals has a fifty-two week low of $0.05 and a fifty-two week 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.