American Lithium Minerals Inc. (OTCMKTS:AMLM) Sees Large Increase in Short Interest

American Lithium Minerals Inc. (OTCMKTS:AMLM) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 13,934 shares, an increase of ∞ from the July 30th total of 0 shares. Based on an average daily trading volume, of 84,963 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

American Lithium Minerals Trading Down 12.2%

AMLM traded down $0.01 during trading on Friday, hitting $0.07. 26,214 shares of the stock were exchanged, compared to its average volume of 51,796. The stock has a fifty day moving average price of $0.07 and a two-hundred day moving average price of $0.09. American Lithium Minerals has a 1-year low of $0.03 and a 1-year high of $0.27.

American Lithium Minerals Company Profile

American Lithium Minerals Inc is a mineral exploration company focused on the discovery and development of lithium brine resources. The company is in the early stages of advancing high-potential lithium projects that support the growing demand for lithium hydroxide and carbonate, key components in the manufacturing of electric vehicle batteries and energy storage systems. American Lithium Minerals is publicly traded on the OTC Markets under the ticker symbol AMLM.

The company’s flagship asset is the Sal de la Puna Lithium Brine Project, located in Argentina’s prolific “Lithium Triangle.” This project encompasses a series of exploration concessions in the Jujuy Province, where initial drilling programs have been completed to test for lithium concentrations in subsurface brines.