Lithium Chile Inc. (OTCMKTS:LTMCF) Short Interest Down 31.3% in February

Lithium Chile Inc. (OTCMKTS:LTMCF) was the target of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 7,900 shares, a drop of 31.3% from the February 13th total of 11,500 shares. Based on an average daily trading volume, of 19,800 shares, the days-to-cover ratio is presently 0.4 days.

Lithium Chile Price Performance

Shares of Lithium Chile stock opened at $0.48 on Tuesday. The business’s 50 day simple moving average is $0.47 and its 200 day simple moving average is $0.46. Lithium Chile has a 52-week low of $0.35 and a 52-week high of $0.64.

Lithium Chile Company Profile

Lithium Chile Inc engages in the acquisition and development of lithium properties in Chile and Argentina. The company also explores for gold, silver, and copper deposits. It holds interests in a lithium property portfolio consisting of approximately 111,978 hectares in Chile and 20,800 hectares in Argentina; and owns 5 properties totaling 21,329 hectares in Chile.