Lithium Chile Inc. (OTCMKTS:LTMCF) Short Interest Up 68.3% in July

Lithium Chile Inc. (OTCMKTS:LTMCF) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totalling 13,800 shares, an increase of 68.3% from the July 15th total of 8,200 shares. Based on an average daily trading volume, of 33,100 shares, the days-to-cover ratio is currently 0.4 days.

Lithium Chile Stock Performance

Shares of Lithium Chile stock traded up $0.02 on Friday, reaching $0.40. 6,130 shares of the company were exchanged, compared to its average volume of 34,875. The stock’s 50 day moving average price is $0.47 and its 200-day moving average price is $0.52. Lithium Chile has a 1-year low of $0.35 and a 1-year high of $0.64.

Lithium Chile Company Profile

Lithium Chile Inc engages in the acquisition and development of lithium properties in Chile and Argentina. The company also explores for gold, silver, and copper deposits. It holds interests in a lithium property portfolio consisting of approximately 111,978 hectares in Chile and 20,800 hectares in Argentina; and owns 5 properties totaling 21,329 hectares in Chile.