Short Interest in Core Lithium Ltd (OTCMKTS:CXOXF) Drops By 69.2%

Core Lithium Ltd (OTCMKTS:CXOXF) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 17,157 shares, a decrease of 69.2% from the April 30th total of 55,729 shares. Based on an average daily trading volume, of 33,388 shares, the short-interest ratio is presently 0.5 days.

Core Lithium Stock Performance

Shares of OTCMKTS:CXOXF opened at C$0.21 on Friday. The company has a fifty day moving average of C$0.21 and a 200-day moving average of C$0.18. Core Lithium has a 52-week low of C$0.05 and a 52-week high of C$0.30.

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.