Critical Elements Lithium Co. (OTCMKTS:CRECF) Short Interest Update

Critical Elements Lithium Co. (OTCMKTS:CRECF) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 76,697 shares, a growth of 214.0% from the May 14th total of 24,428 shares. Based on an average trading volume of 70,167 shares, the short-interest ratio is presently 1.1 days.

Critical Elements Lithium Price Performance

Shares of CRECF traded up $0.01 during mid-day trading on Friday, reaching $0.27. The company’s stock had a trading volume of 27,700 shares, compared to its average volume of 51,092. The business has a fifty day moving average of $0.30 and a 200 day moving average of $0.31. Critical Elements Lithium has a 1 year low of $0.24 and a 1 year high of $0.45.

About Critical Elements Lithium

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.