Energy Transition Minerals Ltd (OTCMKTS:GDLNF) Shares Shorted: Short Interest Down 54.4% in September

Energy Transition Minerals Ltd (OTCMKTS:GDLNF) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 440,572 shares, a decline of 54.4% from the August 31st total of 965,759 shares. Based on an average daily volume of 438,759 shares, the short-interest ratio is currently 1.0 days.

Energy Transition Minerals Price Performance

Shares of OTCMKTS GDLNF traded up $0.00 during midday trading on Tuesday, hitting $0.04. 26,000 shares of the stock traded hands, compared to its average volume of 702,347. Energy Transition Minerals has a one year low of $0.03 and a one year high of $0.16. The firm has a 50-day moving average of $0.04 and a two-hundred day moving average of $0.04.

Energy Transition Minerals Company Profile

Energy Transition Minerals Limited is an Australia-based mineral exploration and development company focused on commodities used in the energy transition, including rare earth elements and uranium. The company was formerly known as Greenland Minerals Limited before adopting its current name.

Its principal asset is the Kvanefjeld Project in southern Greenland, a large, multielement mineral project that contains rare earth elements, uranium and zinc. The project includes the Kvanefjeld, Sørensen and Zone 3 deposits and has been the company’s primary focus as it evaluates the potential development of a long-term source of strategic minerals.

Energy Transition Minerals has also maintained interests in other exploration opportunities, including projects in Australia.