Leading Edge Materials Corp. (OTCMKTS:LEMIF) Sees Significant Increase in Short Interest

Leading Edge Materials Corp. (OTCMKTS:LEMIF) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 29,400 shares, an increase of 880.0% from the January 31st total of 3,000 shares. Based on an average daily volume of 113,800 shares, the short-interest ratio is presently 0.3 days.

Leading Edge Materials Stock Performance

Leading Edge Materials stock opened at $0.15 on Friday. The company has a 50-day moving average price of $0.07 and a 200 day moving average price of $0.07. Leading Edge Materials has a 12-month low of $0.05 and a 12-month high of $0.23.

Leading Edge Materials Company Profile

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.