Short Interest in Emergent Metals Corp. (OTCMKTS:EGMCF) Decreases By 30.6%

Emergent Metals Corp. (OTCMKTS:EGMCF) saw a large drop in short interest in October. As of October 31st, there was short interest totalling 27,000 shares, a drop of 30.6% from the October 15th total of 38,900 shares. Based on an average trading volume of 542,300 shares, the days-to-cover ratio is currently 0.0 days.

Emergent Metals Stock Performance

Shares of OTCMKTS EGMCF traded down $0.00 during mid-day trading on Friday, reaching $0.08. 440,500 shares of the company were exchanged, compared to its average volume of 117,488. Emergent Metals has a 52 week low of $0.02 and a 52 week high of $0.11. The company’s 50 day moving average price is $0.06 and its 200 day moving average price is $0.04.

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.