Critical Elements Lithium Co. (OTCMKTS:CRECF) Sees Significant Drop in Short Interest

Critical Elements Lithium Co. (OTCMKTS:CRECF) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 156,400 shares, a decline of 29.6% from the September 30th total of 222,200 shares. Based on an average trading volume of 250,000 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 250,000 shares, the days-to-cover ratio is currently 0.6 days.

Critical Elements Lithium Stock Down 1.2%

Critical Elements Lithium stock opened at $0.31 on Monday. The stock’s 50 day simple moving average is $0.33 and its two-hundred day simple moving average is $0.31. Critical Elements Lithium has a fifty-two week low of $0.22 and a fifty-two week high of $0.48.

About Critical Elements Lithium

Critical Elements Lithium Corporation engages in the acquisition, exploration, and development of mining properties in Canada. The company explores for copper, zinc, gold, silver, nickel, lead, lithium, niobium, tantalum, platinum group, and rare earth elements. Its flagship project is the Rose Lithium-Tantalum project that consists of 473 claims covering a total area of 244.99 square kilometers located in the Eastmain greenstone belt.