Short Interest in Lithium Co. (OTCMKTS:LTUM) Declines By 80.9%

Lithium Co. (OTCMKTS:LTUM) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 15,600 shares, a drop of 80.9% from the November 30th total of 81,700 shares. Based on an average trading volume of 359,600 shares, the days-to-cover ratio is currently 0.0 days.

Lithium Trading Down 5.6 %

OTCMKTS:LTUM traded down $0.00 during mid-day trading on Friday, hitting $0.04. 80,612 shares of the company’s stock traded hands, compared to its average volume of 121,783. The company has a fifty day moving average of $0.04 and a 200 day moving average of $0.04. Lithium has a twelve month low of $0.02 and a twelve month high of $0.07.

Lithium Company Profile

Lithium Corporation, an exploration stage mining company, engages in the identification, acquisition, and exploration of metals and minerals in Nevada and British Columbia. It explores for lithium/boron/potassium, graphite, gold, and silver deposits, as well as titanium and rare earth elements. The company was formerly known as Utalk Communications Inc and changed its name to Lithium Corporation in September 2009.