Eureka Lithium Corp. (OTCMKTS:UREKF) Sees Large Growth in Short Interest

Eureka Lithium Corp. (OTCMKTS:UREKF) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 14,968 shares, an increase of 50.2% from the July 15th total of 9,968 shares. Based on an average daily trading volume, of 127 shares, the short-interest ratio is currently 117.9 days.

Eureka Lithium Price Performance

Eureka Lithium stock opened at $0.27 on Thursday. The company’s 50-day moving average price is $0.28 and its two-hundred day moving average price is $0.31. Eureka Lithium has a twelve month low of $0.00 and a twelve month high of $0.91.

About Eureka Lithium

Eureka Lithium Corp., a junior mining company, engages in the acquisition, exploration, and development of mineral properties in Canada. It has an option to acquire a 75% interest in the North McKinney property comprises five mineral claims totaling 1,289 hectares located on the southeast slope of Mt. Baldy in southern British Columbia. The company was formerly known as Scout Minerals Corp. and changed its name to Eureka Lithium Corp. in June 2023. The company was incorporated in 2021 and is headquartered in Vancouver, Canada.