Short Interest in Surge Battery Metals Inc. (OTCMKTS:NILIF) Declines By 98.6%

Surge Battery Metals Inc. (OTCMKTS:NILIFGet Rating) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 300 shares, a decrease of 98.6% from the August 15th total of 21,500 shares. Based on an average trading volume of 48,700 shares, the days-to-cover ratio is presently 0.0 days.

Surge Battery Metals Stock Performance

NILIF opened at $0.06 on Thursday. Surge Battery Metals has a 52-week low of $0.03 and a 52-week high of $0.35. The firm’s 50-day moving average price is $0.04 and its 200-day moving average price is $0.07.

About Surge Battery Metals

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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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