Core Lithium Ltd (OTCMKTS:CXOXF) Sees Significant Decrease in Short Interest

Core Lithium Ltd (OTCMKTS:CXOXF – Get Free Report) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 17,806 shares, a drop of 70.4% from the August 15th total of 60,130 shares. Based on an average trading volume of 24,507 shares, the short-interest ratio is presently 0.7 days.

Core Lithium Stock Performance

CXOXF opened at C$0.25 on Monday. Core Lithium has a 52-week low of C$0.06 and a 52-week high of C$0.30. The business’s 50-day simple moving average is C$0.21 and its 200 day simple moving average is C$0.20.

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Core Lithium Company Profile

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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.

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