American Lithium Minerals Inc. (OTCMKTS:AMLM) Sees Significant Growth in Short Interest

American Lithium Minerals Inc. (OTCMKTS:AMLM) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 13,490 shares, an increase of 153.6% from the June 15th total of 5,319 shares. Based on an average daily trading volume, of 80,038 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

American Lithium Minerals Price Performance

Shares of AMLM opened at $0.07 on Tuesday. The company’s fifty day moving average is $0.07 and its two-hundred day moving average is $0.10. American Lithium Minerals has a 1 year low of $0.03 and a 1 year high of $0.27.

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.