Core Lithium Ltd (OTCMKTS:CXOXF) Short Interest Update

Core Lithium Ltd (OTCMKTS:CXOXF) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 60,130 shares, a growth of 108.4% from the July 30th total of 28,857 shares. Based on an average trading volume of 37,347 shares, the days-to-cover ratio is presently 1.6 days.

Core Lithium Price Performance

CXOXF stock traded down C$0.01 during trading hours on Friday, reaching C$0.25. 2,500 shares of the stock were exchanged, compared to its average volume of 24,465. The firm’s 50-day moving average is C$0.20 and its 200-day moving average is C$0.19. 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.