Eureka Lithium Corp. (OTCMKTS:UREKF) Short Interest Up 50.2% in July

Eureka Lithium Corp. (OTCMKTS:UREKF) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 14,968 shares, an increase of 50.2% from the July 15th total of 9,968 shares. Based on an average daily volume of 127 shares, the days-to-cover ratio is currently 117.9 days.

Eureka Lithium Stock Performance

Shares of Eureka Lithium stock opened at $0.28 on Wednesday. The business has a fifty day simple moving average of $0.28 and a 200-day simple moving average of $0.31. Eureka Lithium has a fifty-two week low of $0.00 and a fifty-two week high of $0.91.

About Eureka Lithium

Eureka Lithium Corp., a junior mining company, engages in the acquisition, exploration, and development of mineral properties in Canada. It has an option to acquire a 75% interest in the North McKinney property comprises five mineral claims totaling 1,289 hectares located on the southeast slope of Mt. Baldy in southern British Columbia. The company was formerly known as Scout Minerals Corp. and changed its name to Eureka Lithium Corp. in June 2023. The company was incorporated in 2021 and is headquartered in Vancouver, Canada.