Eureka Lithium Corp. (OTCMKTS:UREKF) Short Interest Up 61,400.0% in January

Eureka Lithium Corp. (OTCMKTS:UREKF) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 615 shares, an increase of 61,400.0% from the December 31st total of 1 shares. Based on an average trading volume of 10,056 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 10,056 shares, the days-to-cover ratio is currently 0.1 days.

Eureka Lithium Stock Performance

UREKF opened at $0.27 on Thursday. The company’s 50 day moving average is $0.19 and its 200-day moving average is $0.19. Eureka Lithium has a 1-year low of $0.04 and a 1-year high of $0.33.

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. Baldy in southern British Columbia. The company was formerly known as Scout Minerals Corp. and changed its name to Eureka Lithium Corp. in June 2023. The company was incorporated in 2021 and is headquartered in Vancouver, Canada.