Lithium Chile Inc. (OTCMKTS:LTMCF) Sees Large Decrease in Short Interest

Lithium Chile Inc. (OTCMKTS:LTMCF – Get Rating) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totalling 57,300 shares, a decline of 65.7% from the April 30th total of 167,000 shares. Based on an average daily volume of 260,600 shares, the short-interest ratio is presently 0.2 days.

Shares of LTMCF opened at $0.57 on Thursday. The firm’s 50-day moving average price is $0.69 and its 200-day moving average price is $0.66. Lithium Chile has a 1-year low of $0.21 and a 1-year high of $0.95.

Lithium Chile Company Profile (Get Rating)

Lithium Chile Inc engages in the acquisition and development of mining properties in Chile. The company explores for gold, silver, and copper deposits. It holds interests in a lithium property portfolio consisting of 71,900 hectares of exploration claims; and a copper-gold property portfolio comprising approximately 22,429 hectares of exploration claims.

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