Short Interest in Lotus Resources Limited (OTCMKTS:LTSRF) Decreases By 19.3%

Lotus Resources Limited (OTCMKTS:LTSRF) saw a significant decline in short interest in September. As of September 15th, there was short interest totalling 5,976,400 shares, a decline of 19.3% from the August 31st total of 7,407,200 shares. Based on an average daily trading volume, of 5,796,900 shares, the short-interest ratio is currently 1.0 days.

Lotus Resources Stock Up 11.9 %

Shares of LTSRF traded up $0.02 during mid-day trading on Friday, hitting $0.21. 320,349 shares of the stock were exchanged, compared to its average volume of 453,731. Lotus Resources has a 52-week low of $0.11 and a 52-week high of $0.35. The firm has a 50-day moving average of $0.17 and a two-hundred day moving average of $0.24.

About Lotus Resources

Lotus Resources Limited engages in the exploration, evaluation, and development of uranium properties in Australia and Africa. Its flagship project is 85% owned the Kayelekera Uranium project located in Malawi, Africa. The company was formerly known as Hylea Metals Limited and changed its name to Lotus Resources Limited in August 2019.