RecycLiCo Battery Materials Inc. (OTCMKTS:AMYZF) Sees Large Drop in Short Interest

RecycLiCo Battery Materials Inc. (OTCMKTS:AMYZF) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 24,841 shares, a drop of 48.0% from the May 31st total of 47,761 shares. Based on an average daily volume of 429,381 shares, the short-interest ratio is currently 0.1 days.

RecycLiCo Battery Materials Stock Performance

Shares of RecycLiCo Battery Materials stock opened at C$0.05 on Tuesday. RecycLiCo Battery Materials has a 12-month low of C$0.03 and a 12-month high of C$0.21. The firm’s 50 day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.07.

RecycLiCo Battery Materials Company Profile

RecycLiCo Battery Materials, trading under the ticker AMYZF on the OTCMKTS, is focused on the sustainable recovery of critical metals from spent lithium-ion batteries. The company develops and applies proprietary hydrometallurgical processes to recycle cobalt, lithium, nickel and other strategic elements that are essential for electric-vehicle and consumer electronics batteries. By transforming end-of-life battery components into high-purity battery chemicals, RecycLiCo seeks to create a closed-loop supply chain that reduces reliance on mined raw materials and minimizes environmental impact.

The company’s core activities include the collection and pre-treatment of battery feedstock, followed by leaching, solvent extraction and precipitation steps to isolate and refine individual metals.