Defense Metals Corp. (OTCMKTS:DFMTF – Get Free Report) was the target of a large drop in short interest in June. As of June 15th, there was short interest totalling 28,900 shares, a drop of 23.1% from the May 31st total of 37,600 shares. Based on an average trading volume of 185,100 shares, the days-to-cover ratio is presently 0.2 days.
Defense Metals Stock Performance
DFMTF stock remained flat at $0.14 during mid-day trading on Friday. The company’s stock had a trading volume of 45,970 shares, compared to its average volume of 78,264. The company has a fifty day simple moving average of $0.15 and a 200 day simple moving average of $0.16. Defense Metals has a fifty-two week low of $0.11 and a fifty-two week high of $0.21.
About Defense Metals
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