Lake Resources NL (OTCMKTS:LLKKF – Get Free Report) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 500,000 shares, a drop of 40.2% from the June 30th total of 835,704 shares. Based on an average daily trading volume, of 399,227 shares, the short-interest ratio is presently 1.3 days.
Lake Resources Stock Down 9.1%
Shares of LLKKF stock traded down $0.00 during trading on Friday, hitting $0.03. 158,959 shares of the stock traded hands, compared to its average volume of 347,118. Lake Resources has a 52-week low of $0.01 and a 52-week high of $0.11. The firm’s fifty day moving average price is $0.05 and its 200-day moving average price is $0.06.
About Lake Resources
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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