Lake Resources NL (OTCMKTS:LLKKF – Get Free Report) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 500,000 shares, a decline of 40.2% from the June 30th total of 835,704 shares. Based on an average daily trading volume, of 399,227 shares, the days-to-cover ratio is currently 1.3 days.
Lake Resources Trading Down 14.2%
Shares of Lake Resources stock opened at $0.03 on Friday. Lake Resources has a 52-week low of $0.01 and a 52-week high of $0.11. The company’s 50-day simple moving average is $0.05 and its 200-day simple moving average is $0.06.
About Lake Resources
Lake Resources NL (OTCMKTS:LLKKF) is an Australia-based mineral exploration and development company focused on delivering low-carbon lithium products for the global electric vehicle and battery storage markets. The company is listed on the Australian Securities Exchange and maintains an over-the-counter listing in the United States, pursuing a vertically integrated approach from brine extraction through to battery-grade lithium carbonate production.
The company’s flagship asset is the Kachi lithium brine project in Argentina’s Salar del Hombre Muerto, within the Lithium Triangle.
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