Surge Battery Metals Inc. (OTCMKTS:NILIF) Sees Large Increase in Short Interest
Surge Battery Metals Inc. (OTCMKTS:NILIF – Get Rating) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 17,300 shares, a growth of 220.4% from the April 30th total of 5,400 shares. Based on an average daily trading volume, of 74,100 shares, the short-interest ratio is presently 0.2 days.
NILIF traded down $0.00 during trading on Thursday, hitting $0.05. 15,900 shares of the company’s stock traded hands, compared to its average volume of 166,588. The company’s 50 day simple moving average is $0.08 and its two-hundred day simple moving average is $0.12. Surge Battery Metals has a 12-month low of $0.05 and a 12-month high of $0.35.
Surge Battery Metals Company Profile (Get Rating)
Surge Battery Metals Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in North America. It focuses on gold, copper, lead, zinc, silver, cobalt, nickel, and precious metals. The company has an option to acquire 60% interests in two principal cobalt properties, including the Teledyne Cobalt property and the Glencore Bucke Cobalt property located in Ontario, Canada.
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