Snow Lake Resources Ltd. (NASDAQ:LITM) Short Interest Up 9,845.6% in December

Snow Lake Resources Ltd. (NASDAQ:LITM) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 676,300 shares, a growth of 9,845.6% from the November 30th total of 6,800 shares. Based on an average daily trading volume, of 24,640,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 3.2% of the shares of the company are short sold.

Snow Lake Resources Price Performance

NASDAQ LITM opened at $0.88 on Friday. The stock’s fifty day moving average price is $0.29 and its 200 day moving average price is $0.43. Snow Lake Resources has a 1 year low of $0.15 and a 1 year high of $1.50.

About Snow Lake Resources

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.