Critical Elements Lithium Co. (OTCMKTS:CRECF) Shares Shorted: Short Interest Down 78.8% in October

Critical Elements Lithium Co. (OTCMKTS:CRECF) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 3,142 shares, a drop of 78.8% from the September 30th total of 14,842 shares. Based on an average trading volume of 12,095 shares, the days-to-cover ratio is currently 0.3 days.

Critical Elements Lithium Stock Performance

OTCMKTS CRECF traded up $0.01 on Thursday, reaching $0.22. 6,200 shares of the stock traded hands, compared to its average volume of 39,973. Critical Elements Lithium has a 12 month low of $0.19 and a 12 month high of $0.42. The firm’s fifty day simple moving average is $0.25 and its 200 day simple moving average is $0.28.

About Critical Elements Lithium

Critical Elements Lithium Corp. is a Canadian mineral exploration and development company focused on advancing lithium and tantalum projects in Quebec. Its flagship asset is the Rose Lithium-Tantalum Project, located in the Eeyou Istchee James Bay region of northern Quebec, an area known for its potential to supply critical minerals for the battery and clean-energy industries.

The Rose project is designed as a hard-rock mining operation that would process spodumene-bearing pegmatite to produce a lithium concentrate, with tantalum as a potential byproduct.