RecycLiCo Battery Materials Inc. (OTCMKTS:AMYZF) Short Interest Down 43.8% in August

RecycLiCo Battery Materials Inc. (OTCMKTS:AMYZF) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 22,826 shares, a decrease of 43.8% from the August 15th total of 40,643 shares. Based on an average trading volume of 241,930 shares, the days-to-cover ratio is currently 0.1 days.

RecycLiCo Battery Materials Stock Down 2.4%

OTCMKTS AMYZF opened at C$0.04 on Thursday. RecycLiCo Battery Materials has a 1-year low of C$0.03 and a 1-year high of C$0.21. The business’s 50-day simple moving average is C$0.04 and its 200-day simple moving average is C$0.05.

RecycLiCo Battery Materials Company Profile

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.