Lithium Chile Inc. (OTCMKTS:LTMCF) Short Interest Update

Lithium Chile Inc. (OTCMKTS:LTMCF) was the target of a significant drop in short interest in January. As of January 31st, there was short interest totalling 7,000 shares, a drop of 97.8% from the January 15th total of 320,100 shares. Based on an average daily trading volume, of 22,500 shares, the days-to-cover ratio is currently 0.3 days.

Lithium Chile Price Performance

Shares of LTMCF traded up $0.01 during mid-day trading on Wednesday, hitting $0.48. 7,188 shares of the company’s stock were exchanged, compared to its average volume of 18,620. Lithium Chile has a 52 week low of $0.35 and a 52 week high of $0.64. The company has a 50-day simple moving average of $0.50 and a 200 day simple moving average of $0.45.

About Lithium Chile

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.