Core Lithium Ltd (OTCMKTS:CXOXF) Stock Short Interest Jumps 1,319.0%

Core Lithium Ltd (OTCMKTS:CXOXF) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 252,669 shares, a growth of 1,319.0% from the August 31st total of 17,806 shares. Based on an average daily volume of 62,447 shares, the days-to-cover ratio is presently 4.0 days.

Core Lithium Price Performance

OTCMKTS CXOXF traded down C$0.04 during trading hours on Thursday, reaching C$0.25. 14,000 shares of the company’s stock were exchanged, compared to its average volume of 24,653. The company’s 50-day moving average is C$0.22 and its two-hundred day moving average is C$0.21. Core Lithium has a one year low of C$0.06 and a one year 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.