American Lithium Minerals Inc. (OTCMKTS:AMLM) Short Interest Up 162.8% in May

American Lithium Minerals Inc. (OTCMKTS:AMLM) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 36,712 shares, a growth of 162.8% from the April 30th total of 13,969 shares. Based on an average trading volume of 120,572 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

American Lithium Minerals Price Performance

Shares of American Lithium Minerals stock opened at $0.08 on Friday. American Lithium Minerals has a 52 week low of $0.03 and a 52 week high of $0.27. The stock has a 50 day moving average price of $0.08 and a two-hundred day moving average price of $0.10.

About American Lithium Minerals

American Lithium Minerals Inc is a mineral exploration company focused on the discovery and development of lithium brine resources. The company is in the early stages of advancing high-potential lithium projects that support the growing demand for lithium hydroxide and carbonate, key components in the manufacturing of electric vehicle batteries and energy storage systems. American Lithium Minerals is publicly traded on the OTC Markets under the ticker symbol AMLM.

The company’s flagship asset is the Sal de la Puna Lithium Brine Project, located in Argentina’s prolific “Lithium Triangle.” This project encompasses a series of exploration concessions in the Jujuy Province, where initial drilling programs have been completed to test for lithium concentrations in subsurface brines.