Eureka Lithium Corp. (OTCMKTS:UREKF) Sees Large Increase in Short Interest

Eureka Lithium Corp. (OTCMKTS:UREKF) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 1,100 shares, an increase of 1,000.0% from the February 13th total of 100 shares. Based on an average daily trading volume, of 2,500 shares, the short-interest ratio is currently 0.4 days.

Eureka Lithium Price Performance

Shares of UREKF opened at $0.10 on Thursday. Eureka Lithium has a 1 year low of $0.08 and a 1 year high of $2.65. The company’s 50 day simple moving average is $0.12 and its 200 day simple moving average is $0.15.

About Eureka Lithium

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.