RecycLiCo Battery Materials Inc. (OTCMKTS:AMYZF) Sees Large Increase in Short Interest

RecycLiCo Battery Materials Inc. (OTCMKTS:AMYZF) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 92,597 shares, an increase of 61.0% from the December 31st total of 57,525 shares. Based on an average daily volume of 350,407 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 350,407 shares, the short-interest ratio is presently 0.3 days.

RecycLiCo Battery Materials Trading Down 13.4%

Shares of AMYZF stock opened at C$0.08 on Friday. The business’s 50 day moving average is C$0.11 and its two-hundred day moving average is C$0.10. RecycLiCo Battery Materials has a twelve month low of C$0.03 and a twelve month high of C$0.21.

RecycLiCo Battery Materials Company Profile

RecycLiCo Battery Materials, trading under the ticker AMYZF on the OTCMKTS, is focused on the sustainable recovery of critical metals from spent lithium-ion batteries. The company develops and applies proprietary hydrometallurgical processes to recycle cobalt, lithium, nickel and other strategic elements that are essential for electric-vehicle and consumer electronics batteries. By transforming end-of-life battery components into high-purity battery chemicals, RecycLiCo seeks to create a closed-loop supply chain that reduces reliance on mined raw materials and minimizes environmental impact.

The company’s core activities include the collection and pre-treatment of battery feedstock, followed by leaching, solvent extraction and precipitation steps to isolate and refine individual metals.