Neometals Ltd (OTCMKTS:RRSSF) Sees Large Drop in Short Interest


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Neometals Ltd (OTCMKTS:RRSSF) was the recipient of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 6,600 shares, a decline of 80.6% from the March 31st total of 34,100 shares. Based on an average daily volume of 141,300 shares, the days-to-cover ratio is currently 0.0 days.

Shares of OTCMKTS:RRSSF traded down 0.06 during trading on Tuesday, reaching 0.39. 30,400 shares of the company traded hands, compared to its average volume of 66,093. Neometals has a 52-week low of 0.05 and a 52-week high of 0.61.

About Neometals

Neometals Ltd explores and evaluates mineral properties in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its principal projects include the Lithium-ion Battery Recycling project, which recovers cobalt and other materials from spent and scrap lithium batteries; Vanadium Recovery project, which recovers vanadium from processing by-products; Lithium Refinery project; and Barrambie Titanium and Vanadium project located in Western Australia.

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