Megawatt Lithium Battery Metals (OTCMKTS:WALRF) Sees Large Increase in Short Interest

Megawatt Lithium Battery Metals (OTCMKTS:WALRF) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 4,060 shares, a growth of 108.7% from the July 15th total of 1,945 shares. Based on an average trading volume of 1,383 shares, the days-to-cover ratio is currently 2.9 days.

Megawatt Lithium Battery Metals Stock Performance

WALRF stock opened at $0.18 on Monday. The company has a fifty day moving average price of $0.24 and a 200 day moving average price of $0.18. Megawatt Lithium Battery Metals has a 12 month low of $0.05 and a 12 month high of $0.77.

About Megawatt Lithium Battery Metals

MegaWatt Lithium and Battery Metals Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Australia. It holds a 100% interest in the Route 381 Lithium property that consists of 40 mineral claims covering an area of approximately 2,126 hectares located in James Bay Territory in the Province of Quebec. The company also holds interest in the Tyr silver project and Century South silver-zinc project located in Australia. In addition, it holds an option to acquire a 100% interest in the Cobalt Hill property that consists of eight mineral claims covering an area of approximately 1,727.43 hectares located in the Trail Creek Mining division in British Columbia.