Frontier Lithium Inc. (OTCMKTS:LITOF) Short Interest Update

Frontier Lithium Inc. (OTCMKTS:LITOF) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 119,670 shares, a drop of 27.9% from the January 15th total of 165,918 shares. Based on an average daily trading volume, of 109,786 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily trading volume, of 109,786 shares, the days-to-cover ratio is presently 1.1 days.

Frontier Lithium Price Performance

OTCMKTS LITOF opened at $0.67 on Friday. Frontier Lithium has a fifty-two week low of $0.33 and a fifty-two week high of $0.84. The stock’s fifty day moving average is $0.62 and its two-hundred day moving average is $0.49.

Frontier Lithium Company Profile

Frontier Lithium Corporation (OTCMKTS:LITOF) is a Canadian mineral exploration and development company focused on the acquisition, exploration and advancement of hard-rock lithium properties. The company’s primary objective is to establish a reliable supply of high-grade lithium spodumene concentrate to support the growing electric vehicle and battery storage markets. Frontier Lithium’s flagship asset is the PAK Project, a significant lithium pegmatite deposit in northwestern Ontario.

The PAK Project covers a contiguous land package of more than 13,000 hectares in the Ignace region near Thunder Bay.