Eureka Lithium Corp. (OTCMKTS:UREKF) Sees Large Decrease in Short Interest

Eureka Lithium Corp. (OTCMKTS:UREKF) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 3,768 shares, a decline of 56.0% from the March 15th total of 8,569 shares. Based on an average daily trading volume, of 5,507 shares, the short-interest ratio is presently 0.7 days.

Eureka Lithium Price Performance

UREKF opened at $0.32 on Monday. Eureka Lithium has a 52-week low of $0.04 and a 52-week high of $0.91. The stock’s 50 day moving average price is $0.34 and its 200-day moving average price is $0.24.

About Eureka Lithium

Eureka Lithium Corp., a junior mining company, engages in the acquisition, exploration, and development of mineral properties in Canada. It has an option to acquire a 75% interest in the North McKinney property comprises five mineral claims totaling 1,289 hectares located on the southeast slope of Mt. Baldy in southern British Columbia. The company was formerly known as Scout Minerals Corp. and changed its name to Eureka Lithium Corp. in June 2023. The company was incorporated in 2021 and is headquartered in Vancouver, Canada.