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

Emergent Metals Corp. (OTCMKTS:EGMCF – Get Rating) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 4,900 shares, a growth of 226.7% from the April 30th total of 1,500 shares. Based on an average daily trading volume, of 54,500 shares, the short-interest ratio is presently 0.1 days.

Emergent Metals Price Performance

Shares of Emergent Metals stock remained flat at $0.09 during trading on Friday. The firm has a 50-day moving average price of $0.12 and a 200-day moving average price of $0.16. Emergent Metals has a 1-year low of $0.09 and a 1-year high of $0.27.

Emergent Metals Company Profile

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Emergent Metals Corp. is a gold, silver and mineral exploration and development company. Its properties include the Golden Arrow, Buckskin Rawhide East, Buckskin Rawhide West, and Koegel Rawhide. The company was founded on March 17, 1989 and is headquartered in Vancouver, Canada.