Critical Elements Lithium Co. (OTCMKTS:CRECF) Sees Large Growth in Short Interest

Critical Elements Lithium Co. (OTCMKTS:CRECF) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 55,524 shares, a growth of ∞ from the June 15th total of 0 shares. Based on an average trading volume of 104,067 shares, the days-to-cover ratio is presently 0.5 days.

Critical Elements Lithium Stock Down 3.3%

OTCMKTS:CRECF opened at $0.23 on Wednesday. Critical Elements Lithium has a twelve month low of $0.23 and a twelve month high of $0.45. The business has a 50 day moving average price of $0.27 and a two-hundred day moving average price of $0.30.

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.