Short Interest in South Star Battery Metals Corp. (OTCMKTS:STSBF) Drops By 63.6%

South Star Battery Metals Corp. (OTCMKTS:STSBF) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 43,385 shares, a decline of 63.6% from the July 15th total of 119,310 shares. Based on an average trading volume of 215,613 shares, the days-to-cover ratio is presently 0.2 days.

South Star Battery Metals Stock Performance

STSBF stock opened at $0.17 on Friday. South Star Battery Metals has a twelve month low of $0.07 and a twelve month high of $0.20. The business’s fifty day simple moving average is $0.12 and its two-hundred day simple moving average is $0.11.

About South Star Battery Metals

South Star Battery Metals Corp. engages in the exploration and development of mineral properties in Brazil. It owns 100% interest in the Santa-Cruz Graphite project that consists of 13 licenses covering an area of approximately 13,316 hectares located in Bahia State, Brazil; and 75% interest in the Alabama Graphite Project that cover an area of approximately 500 acres located in Coosa County Alabama, USA. The company was formerly known as South Star Mining Corp. and changed its name to South Star Battery Metals Corp.