Short Interest in Frontier Lithium Inc. (OTCMKTS:LITOF) Declines By 35.4%

Frontier Lithium Inc. (OTCMKTS:LITOF) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 110,430 shares, a drop of 35.4% from the July 15th total of 170,898 shares. Based on an average daily volume of 83,390 shares, the days-to-cover ratio is presently 1.3 days.

Frontier Lithium Trading Down 0.8%

Shares of Frontier Lithium stock opened at $0.30 on Wednesday. Frontier Lithium has a twelve month low of $0.27 and a twelve month high of $0.84. The firm’s 50-day simple moving average is $0.32 and its 200-day simple moving average is $0.46.

About Frontier Lithium

Frontier Lithium Corporation (OTCMKTS:LITOF) is a Canadian mineral exploration and development company focused on the acquisition, exploration and advancement of hard-rock lithium properties. The company’s primary objective is to establish a reliable supply of high-grade lithium spodumene concentrate to support the growing electric vehicle and battery storage markets. Frontier Lithium’s flagship asset is the PAK Project, a significant lithium pegmatite deposit in northwestern Ontario.

The PAK Project covers a contiguous land package of more than 13,000 hectares in the Ignace region near Thunder Bay.