Leading Edge Materials Corp. (OTCMKTS:LEMIF) Short Interest Up 14.8% in September

Leading Edge Materials Corp. (OTCMKTS:LEMIF) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 27,100 shares, an increase of 14.8% from the September 15th total of 23,600 shares. Based on an average trading volume of 38,400 shares, the days-to-cover ratio is currently 0.7 days.

Leading Edge Materials Stock Down 7.8 %

OTCMKTS LEMIF traded down $0.01 during trading hours on Tuesday, hitting $0.07. The company had a trading volume of 2,500 shares, compared to its average volume of 21,671. Leading Edge Materials has a 52 week low of $0.05 and a 52 week high of $0.14. The firm has a 50 day simple moving average of $0.08 and a 200 day simple moving average of $0.08.

About Leading Edge Materials

Leading Edge Materials Corp. engages in the exploration and development of resource properties in Canada, Sweden, and Romania. It primarily explores for graphite, lithium, nickel, cobalt, and rare earth elements. The company holds a 100% interest in the Woxna graphite project that includes four concessions consisting of Kringelgruven, Mattsmyra, Gropabo, and Mansberg located in Gavleborg County, central Sweden.