Short Interest in Surge Battery Metals Inc. (OTCMKTS:NILIF) Increases By 1,359.8%

Surge Battery Metals Inc. (OTCMKTS:NILIF) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 490,500 shares, a growth of 1,359.8% from the February 29th total of 33,600 shares. Based on an average daily trading volume, of 225,100 shares, the days-to-cover ratio is presently 2.2 days.

Surge Battery Metals Stock Performance

Shares of OTCMKTS NILIF opened at $0.31 on Thursday. The firm’s 50-day moving average price is $0.35 and its 200-day moving average price is $0.48. Surge Battery Metals has a 12-month low of $0.15 and a 12-month high of $1.15.

About Surge Battery Metals

Surge Battery Metals Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in North America. It primarily explores for lithium and nickel. The company's flagship property is the 100% owned Nevada North lithium project consisting of 243 mineral claims located in Elko County, Nevada.