Reflex Advanced Materials Corp. (OTCMKTS:RFLXF) Sees Large Increase in Short Interest

Reflex Advanced Materials Corp. (OTCMKTS:RFLXF) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,123 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average daily trading volume, of 2,650 shares, the days-to-cover ratio is currently 0.4 days.

Reflex Advanced Materials Stock Performance

Shares of OTCMKTS:RFLXF opened at $0.08 on Tuesday. Reflex Advanced Materials has a 52-week low of $0.04 and a 52-week high of $0.28. The business’s 50 day simple moving average is $0.13 and its two-hundred day simple moving average is $0.17.

Reflex Advanced Materials Company Profile

Reflex Advanced Materials Corp., a mineral exploration company, engages in the acquisition, exploration, and evaluation of resource properties in Canada. It has an option agreement to acquire 100% interests in the Ruby Graphite project covering approximately 2,000 acres and 96 federal lode mining claims located in Beaverhead County, Montana. The company was formerly known as Freedom Battery Metals Inc and changed its name to Reflex Advanced Materials Corp. in October 2022. The company was incorporated in 2021 and is based in Vancouver, Canada.