Liontown Resources Limited (OTCMKTS:LINRF) Short Interest Down 24.2% in February

Liontown Resources Limited (OTCMKTS:LINRF) was the recipient of a significant drop in short interest in February. As of February 28th, there was short interest totalling 17,743,100 shares, a drop of 24.2% from the February 13th total of 23,409,900 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is currently 4,327.6 days.

Liontown Resources Stock Performance

Shares of LINRF opened at C$0.45 on Wednesday. Liontown Resources has a 1 year low of C$0.31 and a 1 year high of C$1.10. The business has a 50-day moving average of C$0.41 and a 200-day moving average of C$0.45.

Liontown Resources Company Profile

Liontown Resources Limited engages in the exploration, evaluation, and development of mineral properties in Australia. The company explores for lithium, gold, vanadium, copper, and nickel deposits, as well as platinum group elements. Its flagship property is the Kathleen Valley lithium project located in Perth, Western Australia.