Neometals Ltd (OTCMKTS:RRSSF) Short Interest Update

Neometals Ltd (OTCMKTS:RRSSF – Get Rating) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 319,200 shares, an increase of 444.7% from the March 15th total of 58,600 shares. Based on an average daily trading volume, of 42,000 shares, the short-interest ratio is currently 7.6 days.

Shares of OTCMKTS RRSSF opened at 1.32 on Friday. The business has a 50-day moving average of 1.15 and a 200-day moving average of 0.95. Neometals has a 12 month low of 0.30 and a 12 month high of 1.50.

Neometals Company Profile (Get Rating)

Neometals Ltd explores and evaluates mineral projects in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its projects include the Lithium-ion Battery Recycling project, which recovers cobalt and other materials from spent and scrap lithium batteries; Vanadium Recovery project, which recovers vanadium pentoxide from processing by-products; Lithium Refinery project; and Barrambie Titanium and Vanadium project located in Western Australia.

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