Short Interest in Eureka Lithium Corp. (OTCMKTS:UREKF) Declines By 99.8%

Eureka Lithium Corp. (OTCMKTS:UREKF) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 1 shares, a drop of 99.8% from the January 15th total of 615 shares. Based on an average daily volume of 5,369 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 5,369 shares, the days-to-cover ratio is currently 0.0 days.

Eureka Lithium Stock Performance

Eureka Lithium stock traded up $0.03 during mid-day trading on Tuesday, reaching $0.37. The company’s stock had a trading volume of 2,075 shares, compared to its average volume of 4,659. Eureka Lithium has a twelve month low of $0.04 and a twelve month high of $0.37. The business has a 50 day moving average price of $0.21 and a 200-day moving average price of $0.20.

About Eureka Lithium

Eureka Lithium Corp., a junior mining company, engages in the acquisition, exploration, and development of mineral properties in Canada. It has an option to acquire a 75% interest in the North McKinney property comprises five mineral claims totaling 1,289 hectares located on the southeast slope of Mt. Baldy in southern British Columbia. The company was formerly known as Scout Minerals Corp. and changed its name to Eureka Lithium Corp. in June 2023. The company was incorporated in 2021 and is headquartered in Vancouver, Canada.