Short Interest in Snow Lake Resources Ltd. (NASDAQ:LITM) Decreases By 97.8%

Snow Lake Resources Ltd. (NASDAQ:LITM) was the recipient of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 6,800 shares, a drop of 97.8% from the November 15th total of 304,300 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 902,000 shares, the days-to-cover ratio is presently 0.0 days.

Snow Lake Resources Price Performance

Shares of NASDAQ LITM traded up $0.01 on Friday, hitting $0.16. The company had a trading volume of 3,305,650 shares, compared to its average volume of 375,967. Snow Lake Resources has a 12-month low of $0.15 and a 12-month high of $1.50. The business has a 50 day moving average of $0.26 and a two-hundred day moving average of $0.46.

Snow Lake Resources Company Profile

Snow Lake Resources Ltd., a natural resource exploration company, engages in the exploration and development of mineral resources in Canada. The company explores for lithium mineral resources. Its flagship property is the Thomson Brothers and Grass River lithium projects located to Crowduck Bay Fault region.