Atlantic Lithium Limited (OTCMKTS:ALLIF) Short Interest Update

Atlantic Lithium Limited (OTCMKTS:ALLIF) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 10,754 shares, a decline of 66.4% from the June 30th total of 31,963 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 105,773 shares, the short-interest ratio is currently 0.1 days.

Atlantic Lithium Stock Performance

Shares of OTCMKTS:ALLIF opened at $0.20 on Friday. The firm has a market cap of $150.12 million, a PE ratio of -10.03 and a beta of -0.05. The firm’s 50 day simple moving average is $0.21 and its 200-day simple moving average is $0.20. Atlantic Lithium has a one year low of $0.07 and a one year high of $0.28.

Atlantic Lithium Company Profile

Atlantic Lithium Limited engages in the exploration and development of mineral properties in West Africa. It primarily explores for lithium deposits. The company's flagship project is the Ewoyaa lithium project located in Ghana. It holds interest in a lithium property covering an area of 774 square kilometers in Côte d'Ivoire. The company was formerly known as IronRidge Resources Limited and changed its name to Atlantic Lithium Limited in November 2021. Atlantic Lithium Limited was incorporated in 2007 and is based in Sydney, Australia.