Eureka Lithium Corp. (OTCMKTS:UREKF) Sees Significant Growth in Short Interest

Eureka Lithium Corp. (OTCMKTS:UREKF) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 615 shares, a growth of 61,400.0% from the December 31st total of 1 shares. Based on an average trading volume of 10,056 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 10,056 shares, the short-interest ratio is presently 0.1 days.

Eureka Lithium Stock Up 1.8%

Shares of UREKF opened at $0.27 on Wednesday. Eureka Lithium has a 1 year low of $0.04 and a 1 year high of $0.33. The stock has a 50 day simple moving average of $0.19 and a two-hundred day simple moving average of $0.19.

About Eureka Lithium

Eureka Lithium Corp., a junior mining company, engages in the acquisition, exploration, and development of mineral properties in Canada. It has an option to acquire a 75% interest in the North McKinney property comprises five mineral claims totaling 1,289 hectares located on the southeast slope of Mt. Baldy in southern British Columbia. The company was formerly known as Scout Minerals Corp. and changed its name to Eureka Lithium Corp. in June 2023. The company was incorporated in 2021 and is headquartered in Vancouver, Canada.