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Lake Resources NL (OTCMKTS:LLKKF) Sees Large Increase in Short Interest

Defense World ·  Jan 30, 2023 14:41

Lake Resources NL (OTCMKTS:LLKKF – Get Rating) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 6,436,700 shares, an increase of 7.0% from the December 31st total of 6,016,300 shares. Based on an average daily volume of 383,900 shares, the short-interest ratio is currently 16.8 days.

Lake Resources Stock Performance

OTCMKTS LLKKF opened at $0.59 on Monday. Lake Resources has a 52-week low of $0.37 and a 52-week high of $1.97. The company has a 50-day simple moving average of $0.59 and a 200 day simple moving average of $0.66.

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Lake Resources Company Profile

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Lake Resources NL, is a lithium exploration company, which is focused on exploring lithium basins and pegmatites in Argentina. Its projects include Olaroz, Cauchari, Paso, located in Jujuy and Kachi located in Catamarca provinces. The company was founded on July 24, 1997 and is headquartered in Sydney, Australia.

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