Reflex Advanced Materials Corp. (OTCMKTS:RFLXF) Short Interest Up 475.9% in August

Reflex Advanced Materials Corp. (OTCMKTS:RFLXF) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 6,911 shares, an increase of 475.9% from the August 15th total of 1,200 shares. Based on an average daily volume of 33,461 shares, the days-to-cover ratio is currently 0.2 days.

Reflex Advanced Materials Price Performance

Shares of OTCMKTS:RFLXF traded up $0.01 on Friday, reaching $0.11. The company’s stock had a trading volume of 10,033 shares, compared to its average volume of 7,478. Reflex Advanced Materials has a 52-week low of $0.04 and a 52-week high of $0.28. The stock’s 50-day moving average is $0.11 and its two-hundred day moving average is $0.16.

About Reflex Advanced Materials

Reflex Advanced Materials Corp., a mineral exploration company, engages in the acquisition, exploration, and evaluation of resource properties in Canada. It has an option agreement to acquire 100% interests in the Ruby Graphite project covering approximately 2,000 acres and 96 federal lode mining claims located in Beaverhead County, Montana. The company was formerly known as Freedom Battery Metals Inc and changed its name to Reflex Advanced Materials Corp. in October 2022. The company was incorporated in 2021 and is based in Vancouver, Canada.