United Lithium Corp. (OTCMKTS:ULTHF) Sees Significant Drop in Short Interest

United Lithium Corp. (OTCMKTS:ULTHF) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 5,800 shares, a decrease of 83.0% from the September 15th total of 34,200 shares. Based on an average daily volume of 535,500 shares, the days-to-cover ratio is currently 0.0 days.

Shares of ULTHF opened at $0.50 on Thursday. The company’s fifty day moving average is $0.49 and its 200-day moving average is $0.66. United Lithium has a 12 month low of $0.27 and a 12 month high of $1.46.

About United Lithium

United Lithium Corp. engages in the acquisition and exploration of mineral properties. It explores for lithium deposits. The company holds interests in the Harry Lithium project; and the Vapor Lithium project consists of 4,200 hectares located in northern Chile. It also holds an option to acquire an interest in the Barbara Lake property comprising 56 mining claims that covers an area of approximately 2,147 hectares land in the Barbara Lake Area of the Thunder Bay Mining District, Ontario, Canada.

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