American Lithium Corp. (NASDAQ:AMLI) Short Interest Update

American Lithium Corp. (NASDAQ:AMLI) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 1,440,000 shares, an increase of 16.1% from the September 30th total of 1,240,000 shares. Based on an average daily volume of 570,000 shares, the short-interest ratio is currently 2.5 days. Currently, 0.7% of the company’s stock are short sold.

American Lithium Trading Down 3.3 %

Shares of AMLI stock opened at $0.78 on Thursday. The stock has a market capitalization of $170.35 million, a price-to-earnings ratio of -5.59 and a beta of 1.54. American Lithium has a twelve month low of $0.32 and a twelve month high of $1.30. The stock has a fifty day simple moving average of $0.56 and a two-hundred day simple moving average of $0.57.

American Lithium Company Profile

American Lithium Corp., an exploration and development stage company, engages in the acquisition, exploration, and development of resource properties in the United States. It principally focuses on the TLC Lithium Project located in the town of Tonopah, Nevada; and the Falchani Lithium project and the Macusani Uranium project located in Puno, Peru.