Short Interest in Reflex Advanced Materials Corp. (OTCMKTS:RFLXF) Increases By 475.9%

Reflex Advanced Materials Corp. (OTCMKTS:RFLXF) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 6,911 shares, an increase of 475.9% from the August 15th total of 1,200 shares. Based on an average daily trading volume, of 33,461 shares, the days-to-cover ratio is currently 0.2 days.

Reflex Advanced Materials Stock Up 5.2%

Shares of RFLXF stock traded up $0.01 during trading hours on Friday, hitting $0.11. 10,033 shares of the company were exchanged, compared to its average volume of 7,478. The business has a 50 day moving average of $0.11 and a two-hundred day moving average of $0.16. Reflex Advanced Materials has a 52 week low of $0.04 and a 52 week high of $0.28.

Reflex Advanced Materials Company Profile

Reflex Advanced Materials Corp., a mineral exploration company, engages in the acquisition, exploration, and evaluation of resource properties in Canada. It has an option agreement to acquire 100% interests in the Ruby Graphite project covering approximately 2,000 acres and 96 federal lode mining claims located in Beaverhead County, Montana. The company was formerly known as Freedom Battery Metals Inc and changed its name to Reflex Advanced Materials Corp. in October 2022. The company was incorporated in 2021 and is based in Vancouver, Canada.