Keypoints:
A merican Battery Technology Company upgrade with OTCMarkets Group Inc is a significant step forward to demonstrate its credentials and gain visibility among U.S. investors.
American Battery Technology (OTCMKTS: ABML) has been making waves in the battery metals industry, with its three divisions focused on lithium-ion battery recycling, primary battery metal extraction technologies, and primary resources development.
The company aims to provide low-cost, low-environmental impact, and domestically sourced battery metals to meet the increasing demand for sustainable energy solutions.
Recently, the company saw a significant increase in short interest, with 14,153,400 shares shorted as of January 15th, a 7.4% increase from the previous month.
Despite this, the company's average daily volume of 2,487,700 shares and 5.7-day days-to-cover ratio suggests a strong bullish sentiment in the market.
On January 20, 2023, American Battery Technology Company made a major announcement in partnership with OTC Markets Group Inc. (OTCQX: OTCM), the operator of regulated markets for 12,000 U.S. and international securities. The company announced that it has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market.
The OTCQX Market is a premium U.S. public market that offers investors the ability to research and trade the shares of investor-focused companies. The eligibility of a company to trade on this market is based on stringent financial standards, the best corporate governance procedures, and evidence of compliance with applicable securities laws.
For American Battery Technology Company, this upgrade is a significant step forward, as it allows the company to demonstrate its credentials and gain visibility among U.S. investors.
The upgrade is a testament to the company's financial stability, strong governance practices, and commitment to compliance, making it a promising investment opportunity for those looking to invest in the battery metals industry.
American Battery Technology Company is a battery metals company that is committed to providing low-cost, low-environmental impact, and domestically sourced battery metals.
The company's recent upgrade to the OTCQX Best Market and the increasing short interest in its shares are indicative of its growing potential in the industry. As the demand for sustainable energy solutions continues to rise, American Battery Technology Company is well-positioned to capitalize on this growth and provide a promising investment opportunity for those looking to invest in the battery metals industry