Critical Elements Lithium Co. (OTCMKTS:CRECF) Sees Significant Decrease in Short Interest

Critical Elements Lithium Co. (OTCMKTS:CRECF) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 13,471 shares, a decline of 59.7% from the July 30th total of 33,468 shares. Based on an average daily trading volume, of 29,157 shares, the short-interest ratio is currently 0.5 days.

Critical Elements Lithium Stock Up 3.2%

Critical Elements Lithium stock traded up $0.01 during midday trading on Friday, reaching $0.28. The stock had a trading volume of 93,000 shares, compared to its average volume of 44,960. The firm’s fifty day simple moving average is $0.24 and its 200-day simple moving average is $0.28. Critical Elements Lithium has a 1-year low of $0.19 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.