Snow Lake Resources Ltd. (NASDAQ:LITM) Short Interest Up 231.2% in December

Snow Lake Resources Ltd. (NASDAQ:LITM) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 2,240,000 shares, a growth of 231.2% from the December 15th total of 676,300 shares. Approximately 8.1% of the shares of the company are short sold. Based on an average daily trading volume, of 31,540,000 shares, the short-interest ratio is presently 0.1 days.

Snow Lake Resources Stock Up 0.0 %

LITM traded up $0.00 during midday trading on Thursday, reaching $0.88. The company had a trading volume of 6,286,126 shares, compared to its average volume of 23,685,406. Snow Lake Resources has a 12-month low of $0.15 and a 12-month high of $1.88. The business has a 50-day moving average price of $0.46 and a two-hundred day moving average price of $0.44.

Snow Lake Resources Company Profile

Snow Lake Resources Ltd., a natural resource exploration company, engages in the exploration and development of mineral resources in Canada. The company explores for lithium mineral resources. Its flagship property is the Thomson Brothers and Grass River lithium projects located to Crowduck Bay Fault region.