Short Interest in Core Lithium Ltd (OTCMKTS:CXOXF) Declines By 70.4%

Core Lithium Ltd (OTCMKTS:CXOXF) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 17,806 shares, a decline of 70.4% from the August 15th total of 60,130 shares. Based on an average daily trading volume, of 24,507 shares, the days-to-cover ratio is currently 0.7 days.

Core Lithium Stock Performance

CXOXF opened at C$0.25 on Friday. Core Lithium has a fifty-two week low of C$0.06 and a fifty-two week high of C$0.30. The firm has a 50-day moving average of C$0.21 and a 200 day moving average of C$0.20.

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.