South Star Battery Metals Corp. (OTCMKTS:STSBF) Sees Large Increase in Short Interest

South Star Battery Metals Corp. (OTCMKTS:STSBF) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 128,534 shares, an increase of 196.3% from the July 30th total of 43,385 shares. Based on an average daily trading volume, of 145,874 shares, the days-to-cover ratio is currently 0.9 days.

South Star Battery Metals Price Performance

Shares of OTCMKTS:STSBF remained flat at $0.16 on Thursday. South Star Battery Metals has a twelve month low of $0.07 and a twelve month high of $0.20. The firm’s 50-day moving average is $0.13 and its two-hundred day moving average is $0.11.

About South Star Battery Metals

South Star Battery Metals Corp. engages in the exploration and development of mineral properties in Brazil. It owns 100% interest in the Santa-Cruz Graphite project that consists of 13 licenses covering an area of approximately 13,316 hectares located in Bahia State, Brazil; and 75% interest in the Alabama Graphite Project that cover an area of approximately 500 acres located in Coosa County Alabama, USA. The company was formerly known as South Star Mining Corp. and changed its name to South Star Battery Metals Corp.