Short Interest in Defense Metals Corp. (OTCMKTS:DFMTF) Increases By 2,000.0%

Defense Metals Corp. (OTCMKTS:DFMTF) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 4,200 shares, a growth of 2,000.0% from the October 31st total of 200 shares. Based on an average trading volume of 97,400 shares, the days-to-cover ratio is presently 0.0 days.

Defense Metals Stock Performance

OTCMKTS:DFMTF opened at $0.07 on Thursday. The firm’s 50-day moving average is $0.07 and its 200-day moving average is $0.10. Defense Metals has a 52-week low of $0.05 and a 52-week high of $0.21.

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.