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

Core Lithium Ltd (OTCMKTS:CXOXF) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 252,669 shares, an increase 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

Shares of CXOXF stock traded down C$0.04 on Thursday, hitting C$0.25. The stock had a trading volume of 14,000 shares, compared to its average volume of 24,653. Core Lithium has a twelve month low of C$0.06 and a twelve month high of C$0.30. The company has a fifty day moving average price of C$0.22 and a two-hundred day moving average price of C$0.21.

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.