Short Interest in Eureka Lithium Corp. (OTCMKTS:UREKF) Declines By 99.8%

Eureka Lithium Corp. (OTCMKTS:UREKF) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 1 shares, a decline of 99.8% from the January 15th total of 615 shares. Based on an average daily trading volume, of 5,369 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 5,369 shares, the days-to-cover ratio is currently 0.0 days.

Eureka Lithium Stock Up 7.4%

Eureka Lithium stock opened at $0.37 on Wednesday. Eureka Lithium has a 52 week low of $0.04 and a 52 week high of $0.37. The business’s 50-day moving average price is $0.22 and its 200 day moving average price is $0.20.

Eureka Lithium Company Profile

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.