Foremost Lithium Resource & Technology Ltd. (NASDAQ:FMST) Short Interest Update

Foremost Lithium Resource & Technology Ltd. (NASDAQ:FMST) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 48,900 shares, a drop of 6.7% from the May 31st total of 52,400 shares. Based on an average trading volume of 24,600 shares, the short-interest ratio is presently 2.0 days. Approximately 1.0% of the company’s shares are short sold.

Foremost Lithium Resource & Technology Stock Performance

Shares of NASDAQ:FMST traded down $0.03 during midday trading on Wednesday, hitting $2.97. 11,879 shares of the company’s stock traded hands, compared to its average volume of 32,437. Foremost Lithium Resource & Technology has a twelve month low of $1.77 and a twelve month high of $7.30. The firm’s fifty day moving average price is $2.56 and its two-hundred day moving average price is $2.65.

About Foremost Lithium Resource & Technology

Foremost Lithium Resource & Technology Ltd., an exploration stage company, engages in the hard-rock exploration and acquisition of lithium properties in Canada. Its lithium properties cover approximately 43,000 acres in Snow Lake, Manitoba, and hosts a Lac Simard South property in a lithium camp situated on approximately 11,400 acres in Quebec.