Greenland Mines Ltd Warrant (NASDAQ:GRMLW) Sees Large Decline in Short Interest

Greenland Mines Ltd Warrant (NASDAQ:GRMLW – Get Free Report) was the target of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 13,016 shares, a decrease of 58.2% from the October 15th total of 31,130 shares. Based on an average daily volume of 42,609 shares, the days-to-cover ratio is currently 0.3 days.

Greenland Mines Ltd Warrant Stock Performance

Shares of GRMLW stock opened at $0.35 on Friday. The company has a 50 day moving average price of $0.45 and a 200 day moving average price of $0.24. Greenland Mines Ltd Warrant has a fifty-two week low of $0.06 and a fifty-two week high of $1.25.

Greenland Mines Ltd. is a special purpose acquisition company formed to pursue a merger, share exchange, asset acquisition or similar business combination. The company focuses on opportunities in the mining sector. GRMLW represents warrants associated with Greenland Mines Ltd., rather than an operating mining business. The company’s activities and geographic reach may change if it completes a business combination.

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