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

Lake Resources NL (OTCMKTS:LLKKFGet Free Report) saw a significant decline in short interest in 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 daily trading volume, of 330,112 shares, the short-interest ratio is presently 1.5 days.

Lake Resources Stock Performance

Lake Resources stock opened at $0.04 on Thursday. The business has a fifty day moving average of $0.06 and a two-hundred day moving average of $0.06. Lake Resources has a twelve month low of $0.01 and a twelve month high of $0.11.

Lake Resources Company Profile

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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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