Short Interest in Critical Elements Lithium Co. (OTCMKTS:CRECF) Decreases By 59.7%

Critical Elements Lithium Co. (OTCMKTS:CRECF) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 13,471 shares, a decrease of 59.7% from the July 30th total of 33,468 shares. Based on an average daily volume of 29,157 shares, the short-interest ratio is presently 0.5 days.

Critical Elements Lithium Price Performance

Shares of CRECF stock opened at $0.27 on Friday. The firm has a 50-day moving average price of $0.24 and a 200 day moving average price of $0.28. Critical Elements Lithium has a twelve month low of $0.19 and a twelve month high of $0.45.

Critical Elements Lithium Company Profile

Critical Elements Lithium Corporation (OTCMKTS: CRECF) is a Canadian mineral exploration and development company focused on advancing high-grade lithium and tantalum assets for the global battery market. Headquartered in Montreal, the company’s primary objective is to bring its flagship Rose Lithium-Tantalum project in the James Bay region of Quebec into commercial production. Critical Elements Lithium seeks to leverage the growing demand for lithium-ion batteries by developing a reliable North American source of battery-grade lithium concentrate.

The Rose project hosts one of the highest-grade hard-rock lithium deposits in Canada and is supported by extensive drilling, metallurgical testing and preliminary economic assessments.