Eureka Lithium Corp. (OTCMKTS:UREKF) Sees Significant Growth in Short Interest

Eureka Lithium Corp. (OTCMKTS:UREKF) was the recipient of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 8,569 shares, an increase of 111.5% from the February 26th total of 4,052 shares. Based on an average trading volume of 3,644 shares, the days-to-cover ratio is presently 2.4 days.

Eureka Lithium Stock Performance

Shares of OTCMKTS UREKF opened at $0.30 on Friday. Eureka Lithium has a 52 week low of $0.04 and a 52 week high of $0.91. The stock’s fifty day moving average is $0.33 and its 200 day moving average is $0.23.

About Eureka Lithium

Eureka Lithium Corp., a junior mining company, engages in the acquisition, exploration, and development of mineral properties in Canada. It has an option to acquire a 75% interest in the North McKinney property comprises five mineral claims totaling 1,289 hectares located on the southeast slope of Mt. Baldy in southern British Columbia. The company was formerly known as Scout Minerals Corp. and changed its name to Eureka Lithium Corp. in June 2023. The company was incorporated in 2021 and is headquartered in Vancouver, Canada.