Short Interest in ioneer Ltd (NASDAQ:IONR) Increases By 21.9%

ioneer Ltd (NASDAQ:IONR) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 49,500 shares, an increase of 21.9% from the December 31st total of 40,600 shares. Based on an average daily volume of 33,400 shares, the days-to-cover ratio is presently 1.5 days.

ioneer Stock Up 6.3 %

Shares of IONR stock traded up $0.28 on Friday, reaching $4.73. The stock had a trading volume of 20,258 shares, compared to its average volume of 69,842. The firm’s 50-day moving average is $4.56 and its two-hundred day moving average is $4.90. ioneer has a 12 month low of $3.02 and a 12 month high of $9.35.

About ioneer

ioneer Ltd explores for and develops mineral properties in North America. Its flagship property is the Rhyolite Ridge lithium-boron project located in the state of Nevada, the United States. The company was formerly known as Global Geoscience Limited and changed its name to ioneer Ltd in November 2018.