Short Interest in Surge Battery Metals Inc. (OTCMKTS:NILIF) Increases By 436.7%

Surge Battery Metals Inc. (OTCMKTS:NILIF) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 84,800 shares, a growth of 436.7% from the February 13th total of 15,800 shares. Based on an average daily volume of 114,000 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.1% of the shares of the stock are short sold.

Surge Battery Metals Stock Up 0.4 %

Surge Battery Metals stock traded up $0.00 during midday trading on Thursday, hitting $0.25. 27,630 shares of the stock were exchanged, compared to its average volume of 74,105. Surge Battery Metals has a 52 week low of $0.20 and a 52 week high of $0.40. The stock has a market capitalization of $41.26 million and a PE ratio of -5.00. The company has a fifty day simple moving average of $0.26 and a two-hundred day simple moving average of $0.27.

Surge Battery Metals Company Profile

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.