Elevra Lithium Limited – Sponsored ADR (NASDAQ:ELVR) Stock Short Interest Report for September

Elevra Lithium Limited – Sponsored ADR (NASDAQ:ELVR – Get Free Report) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 225,409 shares, an increase of 98.8% from the September 15th total of 113,392 shares. Based on an average trading volume of 58,937 shares, the short-interest ratio is currently 3.8 days. Approximately 1.2% of the company’s stock are sold short.

Elevra Lithium Price Performance

ELVR traded down $1.45 during trading hours on Wednesday, hitting $28.68. The company’s stock had a trading volume of 27,017 shares, compared to its average volume of 88,338. The company has a current ratio of 3.44, a quick ratio of 2.95 and a debt-to-equity ratio of 0.04. The business’s 50-day moving average price is $51.29 and its 200-day moving average price is $65.77. Elevra Lithium has a 12 month low of $23.70 and a 12 month high of $102.80.

Elevra Lithium (NASDAQ:ELVR – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported ($194.78) earnings per share for the quarter. The firm had revenue of $57.72 million for the quarter.

Institutional Trading of Elevra Lithium

Several hedge funds and other institutional investors have recently made changes to their positions in ELVR. Hsbc Holdings PLC boosted its stake in Elevra Lithium by 70.6% in the 1st quarter. Hsbc Holdings PLC now owns 51,604 shares of the company’s stock worth $3,045,000 after purchasing an additional 21,363 shares in the last quarter. GK Wealth Management LLC purchased a new position in shares of Elevra Lithium during the 3rd quarter valued at approximately $25,000. GAMMA Investing LLC increased its stake in Elevra Lithium by 44.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,676 shares of the company’s stock worth $65,000 after buying an additional 517 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of Elevra Lithium in the second quarter worth about $30,000. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of Elevra Lithium by 8.7% during the 1st quarter. The Manufacturers Life Insurance Company now owns 12,926 shares of the company’s stock worth $761,000 after purchasing an additional 1,036 shares during the last quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Elevra Lithium from a “sell (d-)” rating to a “sell (d+)” rating in a report on Monday, August 31st. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

View Our Latest Analysis on Elevra Lithium

Elevra Lithium Company Profile

(Get Free Report)

Elevra Lithium Limited, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of mineral assets in Australia and Canada. The company explores for lithium, graphite, and gold deposits. Its flagship property includes the North American Lithium project that consists of 41 claims and one mining lease covering an area of approximately 1,493 hectares located in Quebec, Canada. The company was formerly known as Sayona Mining Limited and changed its name to Elevra Lithium Limited in August 2025.

Further Reading

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