Lithium Co. (OTCMKTS:LTUM) Short Interest Update

Lithium Co. (OTCMKTS:LTUMGet Free Report) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 18,000 shares, an increase of 1,700.0% from the April 30th total of 1,000 shares. Based on an average daily volume of 218,700 shares, the days-to-cover ratio is currently 0.1 days.

Lithium Stock Performance

Shares of Lithium stock remained flat at $0.04 on Wednesday. 10,325 shares of the stock were exchanged, compared to its average volume of 107,674. The business has a fifty day moving average price of $0.04 and a 200-day moving average price of $0.04. Lithium has a twelve month low of $0.03 and a twelve month high of $0.13.

About Lithium

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Lithium Corporation, an exploration stage mining company, engages in the identification, acquisition, and exploration of metals and minerals in Nevada and British Columbia. It explores for lithium/boron/potassium, graphite, gold, and silver deposits, as well as titanium and rare earth elements. The company was formerly known as Utalk Communications Inc and changed its name to Lithium Corporation in September 2009.

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