Metallis Resources Inc. (OTCMKTS:MTLFF) Short Interest Down 59.4% in February

Metallis Resources Inc. (OTCMKTS:MTLFF) was the target of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 13,399 shares, a drop of 59.4% from the February 12th total of 32,998 shares. Based on an average trading volume of 114,318 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 114,318 shares, the short-interest ratio is presently 0.1 days.

Metallis Resources Price Performance

OTCMKTS:MTLFF remained flat at $0.13 during midday trading on Friday. The company had a trading volume of 38,000 shares, compared to its average volume of 65,206. The firm has a fifty day moving average of $0.13 and a two-hundred day moving average of $0.21. Metallis Resources has a twelve month low of $0.11 and a twelve month high of $0.40.

About Metallis Resources

Metallis Resources Inc engages in the exploration and development of mineral properties in Canada. The company primarily explores for gold, copper, nickel, and silver deposits. It holds 100% interest in the Kirkham property comprising 30 contiguous claims covering an area of approximately 10,610 hectares located in north-western British Columbia. It also holds 100% interest in the Greyhound property comprising two past producing silver/gold mines covering an area of 677 hectares located in the Idaho, the United States.