Emergent Metals Corp. (OTCMKTS:EGMCF) Sees Significant Increase in Short Interest

Emergent Metals Corp. (OTCMKTS:EGMCF) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 55,200 shares, an increase of 411.1% from the August 31st total of 10,800 shares. Based on an average daily volume of 72,700 shares, the short-interest ratio is currently 0.8 days.

Emergent Metals Stock Up 2.2 %

Shares of OTCMKTS:EGMCF traded up $0.00 during trading on Wednesday, reaching $0.05. The stock had a trading volume of 35,000 shares, compared to its average volume of 52,150. The firm’s 50-day simple moving average is $0.04 and its 200 day simple moving average is $0.04. Emergent Metals has a one year low of $0.02 and a one year high of $0.11.

About Emergent Metals

Emergent Metals Corp. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for gold, silver, molybdenum, copper, and other mineral deposits. The company holds interest in the Golden Arrow, the New York Canyon, the Mindora, Buckskin Rawhide East, Buckskin Rawhide West, and Koegel Rawhide properties located in Nevada, the United States.