Short Interest in Critical Elements Lithium Co. (OTCMKTS:CRECF) Declines By 59.7%

Critical Elements Lithium Co. (OTCMKTS:CRECFGet Free Report) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 13,471 shares, a decrease of 59.7% from the July 30th total of 33,468 shares. Based on an average daily trading volume, of 29,157 shares, the short-interest ratio is presently 0.5 days.

Critical Elements Lithium Price Performance

Shares of OTCMKTS:CRECF opened at $0.27 on Friday. The company has a 50 day moving average of $0.24 and a two-hundred day moving average of $0.28. Critical Elements Lithium has a 52-week low of $0.19 and a 52-week high of $0.45.

Critical Elements Lithium Company Profile

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Critical Elements Lithium Corporation (OTCMKTS: CRECF) is a Canadian mineral exploration and development company focused on advancing high-grade lithium and tantalum assets for the global battery market. Headquartered in Montreal, the company’s primary objective is to bring its flagship Rose Lithium-Tantalum project in the James Bay region of Quebec into commercial production. Critical Elements Lithium seeks to leverage the growing demand for lithium-ion batteries by developing a reliable North American source of battery-grade lithium concentrate.

The Rose project hosts one of the highest-grade hard-rock lithium deposits in Canada and is supported by extensive drilling, metallurgical testing and preliminary economic assessments.

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