Lotus Resources Limited (OTCMKTS:LTSRF) Short Interest Up 28.6% in November

Lotus Resources Limited (OTCMKTS:LTSRF) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 10,800,000 shares, an increase of 28.6% from the October 31st total of 8,400,200 shares. Based on an average trading volume of 1,561,900 shares, the days-to-cover ratio is currently 6.9 days.

Lotus Resources Stock Down 0.5 %

Shares of OTCMKTS:LTSRF opened at $0.16 on Monday. Lotus Resources has a 12-month low of $0.13 and a 12-month high of $0.35. The business has a fifty day simple moving average of $0.18 and a 200 day simple moving average of $0.20.

About Lotus Resources

Lotus Resources Limited engages in the exploration, evaluation, and development of uranium properties in Africa. It primarily owns an 85% interest in the Kayelekera uranium project located in Malawi; and holds a 100% interest in the Letlhakane uranium project situated in Botswana. The company was formerly known as Hylea Metals Limited and changed its name to Lotus Resources Limited in August 2019.