Core Lithium Ltd (OTCMKTS:CXOXF) Stock Short Interest Jumps 1,319.0%

Core Lithium Ltd (OTCMKTS:CXOXF) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 252,669 shares, a growth of 1,319.0% from the August 31st total of 17,806 shares. Based on an average daily volume of 62,447 shares, the short-interest ratio is currently 4.0 days.

Core Lithium Price Performance

Shares of CXOXF stock remained flat at C$0.25 on Friday. The stock had a trading volume of 14,000 shares, compared to its average volume of 24,653. The firm’s 50 day moving average price is C$0.22 and its 200 day moving average price is C$0.21. Core Lithium has a 12 month low of C$0.06 and a 12 month high of C$0.30.

Core Lithium Company Profile

Core Lithium Ltd engages in the development of lithium and various metal deposits in Northern Territory and South Australia. The company primarily explores for copper, gold, silver, uranium, lead, zinc, rare earth elements, and base metals. Its flagship project is the Finniss Lithium project located to the south of Darwin port in the Northern Territory; and Shoobridge Lithium, Anningie and Barrow Creek Lithium, Blueys and Inkheart Lead/Silver, the Bynoe Gold, and Napperby uranium projects located in the Northern Territory.