Lotus Resources Limited (OTCMKTS:LTSRF) Short Interest Up 28.6% in November

Lotus Resources Limited (OTCMKTS:LTSRF) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 10,800,000 shares, an increase of 28.6% from the October 31st total of 8,400,200 shares. Based on an average daily trading volume, of 1,561,900 shares, the short-interest ratio is currently 6.9 days.

Lotus Resources Stock Performance

Lotus Resources stock opened at $0.16 on Friday. Lotus Resources has a 12 month low of $0.13 and a 12 month high of $0.35. The stock’s 50-day moving average is $0.18 and its 200-day moving average is $0.21.

About Lotus Resources

Lotus Resources Limited engages in the exploration, evaluation, and development of uranium properties in Africa. It primarily owns an 85% interest in the Kayelekera uranium project located in Malawi; and holds a 100% interest in the Letlhakane uranium project situated in Botswana. The company was formerly known as Hylea Metals Limited and changed its name to Lotus Resources Limited in August 2019.