Elevra Lithium Limited – Sponsored ADR (NASDAQ:ELVR) Stock Short Interest Report for September

Elevra Lithium Limited – Sponsored ADR (NASDAQ:ELVR) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 225,409 shares, a growth of 98.8% from the September 15th total of 113,392 shares. Based on an average daily volume of 58,937 shares, the short-interest ratio is currently 3.8 days. Approximately 1.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On Elevra Lithium

Several institutional investors and hedge funds have recently modified their holdings of ELVR. GK Wealth Management LLC acquired a new position in Elevra Lithium in the 3rd quarter valued at $25,000. GAMMA Investing LLC raised its position in Elevra Lithium by 44.6% in the third quarter. GAMMA Investing LLC now owns 1,676 shares of the company’s stock valued at $65,000 after purchasing an additional 517 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Elevra Lithium in the second quarter worth $30,000. The Manufacturers Life Insurance Company raised its holdings in Elevra Lithium by 8.7% during the 1st quarter. The Manufacturers Life Insurance Company now owns 12,926 shares of the company’s stock worth $761,000 after purchasing an additional 1,036 shares during the last quarter. Finally, Baader Bank Aktiengesellschaft bought a new position in shares of Elevra Lithium in the 1st quarter worth about $220,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Elevra Lithium from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Monday, August 31st. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Elevra Lithium has a consensus rating of “Hold”.

Elevra Lithium Stock Down 1.9%

Shares of NASDAQ:ELVR traded down $0.54 during midday trading on Thursday, hitting $28.09. The stock had a trading volume of 60,634 shares, compared to its average volume of 88,264. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.95. The business’s 50-day simple moving average is $50.75 and its 200-day simple moving average is $65.60. Elevra Lithium has a 12 month low of $23.70 and a 12 month high of $102.80.

Elevra Lithium (NASDAQ:ELVR) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($194.78) EPS for the quarter. The business had revenue of $57.72 million for the quarter.

Elevra Lithium Company Profile

Elevra Lithium Limited, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of mineral assets in Australia and Canada. The company explores for lithium, graphite, and gold deposits. Its flagship property includes the North American Lithium project that consists of 41 claims and one mining lease covering an area of approximately 1,493 hectares located in Quebec, Canada. The company was formerly known as Sayona Mining Limited and changed its name to Elevra Lithium Limited in August 2025.