Core Lithium Ltd (OTCMKTS:CXOXF) Sees Significant Increase in Short Interest

Core Lithium Ltd (OTCMKTS:CXOXF) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 60,130 shares, a growth of 108.4% from the July 30th total of 28,857 shares. Based on an average daily volume of 37,347 shares, the days-to-cover ratio is currently 1.6 days.

Core Lithium Stock Performance

Shares of Core Lithium stock opened at C$0.25 on Friday. The stock’s 50 day simple moving average is C$0.20 and its 200-day simple moving average is C$0.19. Core Lithium has a 1-year low of C$0.06 and a 1-year high of C$0.30.

About Core Lithium

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.