Pilbara Minerals Limited (OTCMKTS:PILBF) Sees Significant Growth in Short Interest

Pilbara Minerals Limited (OTCMKTS:PILBF) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 21,307,700 shares, a growth of 29.6% from the March 15th total of 16,437,900 shares. Based on an average daily trading volume, of 202,400 shares, the short-interest ratio is presently 105.3 days.

Pilbara Minerals Trading Down 1.2 %

OTCMKTS:PILBF opened at $2.57 on Monday. The firm’s fifty day simple moving average is $2.53 and its 200 day simple moving average is $2.48. Pilbara Minerals has a twelve month low of $2.06 and a twelve month high of $3.71.

Pilbara Minerals Company Profile

Pilbara Minerals Limited engages in the exploration, development, and operation of mineral resources in Australia. The company primarily explores for lithium. It primarily holds a 100% interest in the Pilgangoora lithium-tantalum project located in the Pilbara region of Western Australia. The company was incorporated in 2005 and is based in West Perth, Australia.