Core Lithium Ltd (OTCMKTS:CXOXF) Short Interest Down 70.4% in August

Core Lithium Ltd (OTCMKTS:CXOXF) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 17,806 shares, a drop of 70.4% from the August 15th total of 60,130 shares. Based on an average trading volume of 24,507 shares, the days-to-cover ratio is currently 0.7 days.

Core Lithium Stock Performance

Shares of Core Lithium stock opened at C$0.25 on Friday. Core Lithium has a 52-week low of C$0.06 and a 52-week high of C$0.30. The stock’s 50-day simple moving average is C$0.21 and its 200 day simple moving average is C$0.20.

Core Lithium Company Profile

Core Lithium Ltd engages in the development of lithium and various metal deposits in Northern Territory and South Australia. The company primarily explores for copper, gold, silver, uranium, lead, zinc, rare earth elements, and base metals. Its flagship project is the Finniss Lithium project located to the south of Darwin port in the Northern Territory; and Shoobridge Lithium, Anningie and Barrow Creek Lithium, Blueys and Inkheart Lead/Silver, the Bynoe Gold, and Napperby uranium projects located in the Northern Territory.