Defense Metals Corp. ( OTCMKTS:DFMTF – Get Rating ) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 784,300 shares, a drop of 29.1% from the April 30th total of 1,106,500 shares. Based on an average trading volume of 328,000 shares, the days-to-cover ratio is currently 2.4 days. Defense Metals Price Performance Shares of DFMTF stock traded up $0.00 during mid-day trading on Monday, reaching $0.18. The stock had a trading volume of 142,600 shares, compared to its average volume of 162,575.

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