Eureka Lithium Corp. (OTCMKTS:UREKF) Sees Significant Decline in Short Interest

Eureka Lithium Corp. (OTCMKTS:UREKF) was the target of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 1,200 shares, a decline of 36.8% from the October 15th total of 1,900 shares. Based on an average daily volume of 12,300 shares, the short-interest ratio is currently 0.1 days.

Eureka Lithium Price Performance

UREKF traded down 0.01 during mid-day trading on Friday, reaching 0.14. 5,600 shares of the company traded hands, compared to its average volume of 3,708. The company’s fifty day moving average price is 0.19 and its 200-day moving average price is 0.33. Eureka Lithium has a 52-week low of 0.11 and a 52-week high of 5.10.

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.