Short Interest in Core Lithium Ltd (OTCMKTS:CXOXF) Increases By 108.4%

Core Lithium Ltd (OTCMKTS:CXOXF) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 60,130 shares, an increase of 108.4% from the July 30th total of 28,857 shares. Based on an average trading volume of 37,347 shares, the days-to-cover ratio is currently 1.6 days.

Core Lithium Price Performance

Core Lithium stock opened at C$0.25 on Monday. The firm has a 50 day moving average price of C$0.20 and a 200-day moving average price of C$0.19. Core Lithium has a twelve month low of C$0.06 and a twelve month high of C$0.30.

About Core Lithium

Core Lithium Ltd engages in the development of lithium and various metal deposits in Northern Territory and South Australia. The company primarily explores for copper, gold, silver, uranium, lead, zinc, rare earth elements, and base metals. Its flagship project is the Finniss Lithium project located to the south of Darwin port in the Northern Territory; and Shoobridge Lithium, Anningie and Barrow Creek Lithium, Blueys and Inkheart Lead/Silver, the Bynoe Gold, and Napperby uranium projects located in the Northern Territory.