Short Interest in Pacific North West Capital Corp. (OTCMKTS:NMTLF) Drops By 37.1%

Pacific North West Capital Corp. (OTCMKTS:NMTLF) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 17,945 shares, a drop of 37.1% from the June 30th total of 28,527 shares. Based on an average daily volume of 65,973 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are sold short.

Pacific North West Capital Stock Performance

Shares of Pacific North West Capital stock remained flat at $0.19 during trading on Friday. 55,705 shares of the stock traded hands, compared to its average volume of 21,422. Pacific North West Capital has a 1-year low of $0.12 and a 1-year high of $0.45. The business’s 50-day simple moving average is $0.20 and its 200-day simple moving average is $0.26.

About Pacific North West Capital

New Age Metals Inc, a mineral exploration company, engages in the acquisition, exploration, and development of platinum group metals (PGMs), and precious and base metal properties in Canada. The company explores for rhodium, palladium, platinum, gold, nickel, copper, and lithium deposits. It holds interests in the River Valley PGE project located in the Dana and Pardo townships of Northern Ontario; the Genesis PGE project located in south central Alaska; and lithium projects situated to the northeast of Winnipeg, Manitoba.