Lake Resources NL (OTCMKTS:LLKKF) Short Interest Up 79.6% in August
by Sarita Garza · The Markets DailyLake Resources NL (OTCMKTS:LLKKF – Get Free Report) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 969,685 shares, a growth of 79.6% from the July 30th total of 539,828 shares. Based on an average daily volume of 791,596 shares, the short-interest ratio is currently 1.2 days.
Lake Resources Stock Performance
LLKKF traded up $0.00 during midday trading on Monday, reaching $0.04. 142,247 shares of the company were exchanged, compared to its average volume of 367,876. The company’s fifty day moving average price is $0.04 and its 200 day moving average price is $0.05. Lake Resources has a one year low of $0.01 and a one year high of $0.11.
Lake Resources Company Profile
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.