Lake Resources NL (OTCMKTS:LLKKF) Sees Large Growth in Short Interest

Lake Resources NL (OTCMKTS:LLKKFGet Free Report) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 969,685 shares, a growth of 79.6% from the July 30th total of 539,828 shares. Based on an average trading volume of 791,596 shares, the short-interest ratio is currently 1.2 days.

Lake Resources Price Performance

LLKKF stock traded down $0.00 during trading on Friday, hitting $0.04. 49,121 shares of the company’s stock were exchanged, compared to its average volume of 369,519. The business has a 50-day moving average price of $0.04 and a two-hundred day moving average price of $0.05. Lake Resources has a 52-week low of $0.01 and a 52-week high of $0.11.

About Lake Resources

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Lake Resources NL (OTCMKTS:LLKKF) is an Australia-based mineral exploration and development company focused on delivering low-carbon lithium products for the global electric vehicle and battery storage markets. The company is listed on the Australian Securities Exchange and maintains an over-the-counter listing in the United States, pursuing a vertically integrated approach from brine extraction through to battery-grade lithium carbonate production.

The company’s flagship asset is the Kachi lithium brine project in Argentina’s Salar del Hombre Muerto, within the Lithium Triangle.

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