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

Emergent Metals Corp. (OTCMKTS:EGMCF) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 32,600 shares, an increase of 20.7% from the October 31st total of 27,000 shares. Based on an average trading volume of 877,500 shares, the short-interest ratio is presently 0.0 days.

Emergent Metals Stock Performance

Shares of Emergent Metals stock remained flat at $0.08 on Friday. The company’s stock had a trading volume of 274,800 shares, compared to its average volume of 126,139. The company’s 50 day moving average price is $0.07 and its two-hundred day moving average price is $0.05. Emergent Metals has a twelve month low of $0.02 and a twelve month high of $0.09.

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.