Elevra Lithium Limited – Sponsored ADR (NASDAQ:ELVR) Shares Shorted: Short Interest Up 98.8% in September

Elevra Lithium Limited – Sponsored ADR (NASDAQ:ELVR) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 225,409 shares, a growth of 98.8% from the September 15th total of 113,392 shares. Currently, 1.2% of the shares of the stock are short sold. Based on an average trading volume of 58,937 shares, the days-to-cover ratio is presently 3.8 days.

Institutional Investors Weigh In On Elevra Lithium

Several hedge funds have recently modified their holdings of the stock. GK Wealth Management LLC purchased a new position in shares of Elevra Lithium in the third quarter valued at $25,000. Main Street Group LTD acquired a new position in shares of Elevra Lithium in the 1st quarter valued at about $27,000. Integrated Wealth Concepts LLC bought a new position in Elevra Lithium during the 2nd quarter worth $30,000. GAMMA Investing LLC increased its stake in shares of Elevra Lithium by 44.6% in the third quarter. GAMMA Investing LLC now owns 1,676 shares of the company’s stock valued at $65,000 after purchasing an additional 517 shares during the period. Finally, Baader Bank Aktiengesellschaft bought a new stake in shares of Elevra Lithium during the first quarter valued at about $220,000.

Elevra Lithium Stock Down 2.9%

ELVR traded down $0.81 during midday trading on Friday, hitting $27.27. The company’s stock had a trading volume of 25,394 shares, compared to its average volume of 87,997. Elevra Lithium has a 52-week low of $23.70 and a 52-week high of $102.80. The company has a quick ratio of 2.95, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The firm has a 50-day moving average price of $50.20 and a two-hundred day moving average price of $65.41.

Elevra Lithium (NASDAQ:ELVR) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($194.78) earnings per share for the quarter. The business had revenue of $57.72 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Elevra Lithium from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Monday, August 31st. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

About Elevra Lithium

Elevra Lithium Limited, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of mineral assets in Australia and Canada. The company explores for lithium, graphite, and gold deposits. Its flagship property includes the North American Lithium project that consists of 41 claims and one mining lease covering an area of approximately 1,493 hectares located in Quebec, Canada. The company was formerly known as Sayona Mining Limited and changed its name to Elevra Lithium Limited in August 2025.