Lake Resources NL (OTCMKTS:LLKKF – Get Free Report) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 969,685 shares, an increase of 79.6% from the July 30th total of 539,828 shares. Based on an average daily volume of 791,596 shares, the days-to-cover ratio is presently 1.2 days.
Lake Resources Stock Down 5.5%
Shares of LLKKF traded down $0.00 during midday trading on Friday, reaching $0.04. 49,121 shares of the stock were exchanged, compared to its average volume of 369,519. The business’s 50-day moving average price is $0.04 and its 200 day moving average price is $0.05. Lake Resources has a twelve month low of $0.01 and a twelve month high of $0.11.
About Lake Resources
Lake Resources NL (OTCMKTS:LLKKF) is an Australia-based mineral exploration and development company focused on delivering low-carbon lithium products for the global electric vehicle and battery storage markets. The company is listed on the Australian Securities Exchange and maintains an over-the-counter listing in the United States, pursuing a vertically integrated approach from brine extraction through to battery-grade lithium carbonate production.
The company’s flagship asset is the Kachi lithium brine project in Argentina’s Salar del Hombre Muerto, within the Lithium Triangle.
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