Ameriwest Lithium Inc. (OTCMKTS:AWLIF) Sees Significant Growth in Short Interest

Ameriwest Lithium Inc. (OTCMKTS:AWLIFGet Rating) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 140,900 shares, an increase of 272.8% from the April 30th total of 37,800 shares. Based on an average trading volume of 782,400 shares, the days-to-cover ratio is presently 0.2 days.

OTCMKTS:AWLIF opened at 0.64 on Thursday. The stock has a 50-day moving average price of 0.77 and a 200 day moving average price of 0.84. Ameriwest Lithium has a 12-month low of 0.52 and a 12-month high of 1.37.

About Ameriwest Lithium (Get Rating)

Ameriwest Lithium Inc engages in the acquisition, exploration, and development of natural resources properties in Canada and the United States. The company focuses on exploring Nevada's Deer Musk East property consists of 275 claims covering an area of 5,500 acres located in the prolific Clayton Valley; the Railroad Valley property comprising 312 claims covering an area of 6,200 acres; the Edwards Creek Valley consists of 847 placer mineral claims covering an area of 16,940 acres; and the Thompson Valley property covering an area of 2,859 acres located in Yavapai County.

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