Lake Resources NL (OTCMKTS:LLKKF) Sees Significant Drop in Short Interest

Lake Resources NL (OTCMKTS:LLKKFGet Free Report) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 500,000 shares, a decline of 35.3% from the May 31st total of 772,225 shares. Based on an average trading volume of 330,112 shares, the short-interest ratio is currently 1.5 days.

Lake Resources Stock Performance

LLKKF opened at $0.04 on Thursday. The firm’s 50-day moving average price is $0.06 and its 200-day moving average price is $0.06. Lake Resources has a 52-week low of $0.01 and a 52-week high of $0.11.

Lake Resources Company Profile

(Get Free Report)

Lake Resources NL (OTCMKTS:LLKKF) is an Australia-based mineral exploration and development company focused on delivering low-carbon lithium products for the global electric vehicle and battery storage markets. The company is listed on the Australian Securities Exchange and maintains an over-the-counter listing in the United States, pursuing a vertically integrated approach from brine extraction through to battery-grade lithium carbonate production.

The company’s flagship asset is the Kachi lithium brine project in Argentina’s Salar del Hombre Muerto, within the Lithium Triangle.

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