Lithium Chile Inc. (OTCMKTS:LTMCF) Sees Large Increase in Short Interest

Lithium Chile Inc. (OTCMKTS:LTMCF) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 3,900 shares, a growth of 95.0% from the August 31st total of 2,000 shares. Based on an average daily trading volume, of 29,600 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 29,600 shares, the days-to-cover ratio is presently 0.1 days.

Lithium Chile Price Performance

Shares of OTCMKTS:LTMCF opened at $0.32 on Tuesday. Lithium Chile has a 12 month low of $0.30 and a 12 month high of $0.59. The company’s 50-day moving average price is $0.41 and its two-hundred day moving average price is $0.42.

Lithium Chile Company Profile

Lithium Chile Inc engages in the acquisition and development of lithium properties in Chile and Argentina. The company also explores for gold, silver, and copper deposits. It holds interests in a lithium property portfolio consisting of approximately 111,978 hectares in Chile and 20,800 hectares in Argentina; and owns 5 properties totaling 21,329 hectares in Chile.