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

Ameriwest Lithium Inc. (OTCMKTS:AWLIF) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 957,700 shares, an increase of 17.3% from the August 15th total of 816,300 shares. Based on an average daily volume of 546,300 shares, the short-interest ratio is presently 1.8 days.

Ameriwest Lithium Price Performance

Shares of OTCMKTS:AWLIF opened at 0.08 on Monday. The firm has a 50 day simple moving average of 0.13 and a 200 day simple moving average of 0.17. Ameriwest Lithium has a one year low of 0.08 and a one year high of 0.74.

About Ameriwest Lithium

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 283 claims covering an area of 5,500 acres located in the prolific Clayton Valley; the Railroad Valley property comprising 462 claims covering an area of approximately 9,097 acres; the Edwards Creek Valley consists of 1,243 contiguous claims covering an area of 22,200 acres; and the Thompson Valley property covering an area of 2,859 acres located in Yavapai County.