Core Lithium Ltd (OTCMKTS:CXOXF) Short Interest Update

Core Lithium Ltd (OTCMKTS:CXOXF) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 17,157 shares, a decrease of 69.2% from the April 30th total of 55,729 shares. Based on an average daily volume of 33,388 shares, the short-interest ratio is currently 0.5 days.

Core Lithium Price Performance

Shares of CXOXF opened at C$0.21 on Friday. The stock’s 50-day simple moving average is C$0.21 and its 200 day simple moving average is C$0.18. Core Lithium has a 52-week low of C$0.05 and a 52-week high of C$0.30.

Core Lithium Company Profile

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.