Lithium Co. (OTCMKTS:LTUM) Short Interest Down 99.8% in May

Lithium Co. (OTCMKTS:LTUMGet Rating) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totalling 100 shares, a decrease of 99.8% from the April 30th total of 46,900 shares. Based on an average daily trading volume, of 534,000 shares, the short-interest ratio is currently 0.0 days.

Shares of LTUM stock traded down $0.01 during trading hours on Wednesday, reaching $0.24. 339,277 shares of the company’s stock were exchanged, compared to its average volume of 559,152. The company has a market cap of $25.14 million, a P/E ratio of -23.79 and a beta of 1.10. The company’s 50 day moving average is $0.29 and its two-hundred day moving average is $0.27. Lithium has a 1 year low of $0.18 and a 1 year high of $1.09.

About Lithium (Get Rating)

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 owns interests in the Fish Lake Valley property that includes 143 claims covering an area of approximately 11,360 acres located in northern Esmeralda County in west central Nevada; and San Emidio property comprising 10 claims, which cover an area of approximately 1,600 acres located in Washoe County in northwestern Nevada.

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