Short Interest in Defense Metals Corp. (OTCMKTS:DFMTF) Decreases By 65.0%

Defense Metals Corp. (OTCMKTS:DFMTF) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 25,700 shares, a drop of 65.0% from the February 28th total of 73,400 shares. Based on an average trading volume of 343,000 shares, the short-interest ratio is currently 0.1 days.

Defense Metals Stock Up 4.3 %

DFMTF opened at $0.11 on Thursday. Defense Metals has a 1 year low of $0.05 and a 1 year high of $0.18. The firm’s fifty day moving average price is $0.12 and its two-hundred day moving average price is $0.09.

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.