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Short Interest in Snow Lake Resources Ltd. (NASDAQ:LITM) Grows By 54.6%
Short interest in Snow Lake Resources Ltd. (NASDAQ:LITM) surged by 54.6% as of January 30th, reaching 1,347,252 shares, which represents 8.6% of the float and a short-interest ratio of 2.0 days. Despite some institutional inflows, overall institutional ownership remains low at 0.24%, while Weiss Ratings maintains a “Sell” rating and the company reported a negative EPS. The stock is currently trading around $3.05 with a market capitalization of approximately $55 million.