Short Interest in Foremost Lithium Resource & Technology Ltd. (NASDAQ:FMST) Declines By 6.7%

Foremost Lithium Resource & Technology Ltd. (NASDAQ:FMST) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totalling 48,900 shares, a decline of 6.7% from the May 31st total of 52,400 shares. Based on an average daily volume of 24,600 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.0% of the company’s stock are sold short.

Foremost Lithium Resource & Technology Stock Performance

NASDAQ FMST traded up $0.08 on Tuesday, reaching $3.00. The stock had a trading volume of 12,802 shares, compared to its average volume of 32,598. The business has a 50 day moving average price of $2.55 and a 200 day moving average price of $2.65. Foremost Lithium Resource & Technology has a 1 year low of $1.77 and a 1 year high of $7.30.

About Foremost Lithium Resource & Technology

Foremost Lithium Resource & Technology Ltd., an exploration stage company, engages in the hard-rock exploration and acquisition of lithium properties in Canada. Its lithium properties cover approximately 43,000 acres in Snow Lake, Manitoba, and hosts a Lac Simard South property in a lithium camp situated on approximately 11,400 acres in Quebec.