RecycLiCo Battery Materials Inc. (OTCMKTS:AMYZF) Sees Large Increase in Short Interest

RecycLiCo Battery Materials Inc. (OTCMKTS:AMYZF) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 94,440 shares, an increase of 159.2% from the January 29th total of 36,432 shares. Based on an average daily trading volume, of 383,629 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 383,629 shares, the days-to-cover ratio is presently 0.2 days.

RecycLiCo Battery Materials Stock Down 7.6%

Shares of AMYZF stock opened at C$0.07 on Friday. RecycLiCo Battery Materials has a 1 year low of C$0.03 and a 1 year high of C$0.21. The firm’s fifty day simple moving average is C$0.09 and its 200 day simple moving average is C$0.10.

About RecycLiCo Battery Materials

RecycLiCo Battery Materials, trading under the ticker AMYZF on the OTCMKTS, is focused on the sustainable recovery of critical metals from spent lithium-ion batteries. The company develops and applies proprietary hydrometallurgical processes to recycle cobalt, lithium, nickel and other strategic elements that are essential for electric-vehicle and consumer electronics batteries. By transforming end-of-life battery components into high-purity battery chemicals, RecycLiCo seeks to create a closed-loop supply chain that reduces reliance on mined raw materials and minimizes environmental impact.

The company’s core activities include the collection and pre-treatment of battery feedstock, followed by leaching, solvent extraction and precipitation steps to isolate and refine individual metals.