ioneer Ltd (NASDAQ:IONR) Short Interest Update

ioneer Ltd (NASDAQ:IONR) saw a large increase in short interest in June. As of June 30th, there was short interest totalling 9,700 shares, an increase of 340.9% from the June 15th total of 2,200 shares. Based on an average daily trading volume, of 11,300 shares, the days-to-cover ratio is currently 0.9 days.

ioneer Stock Up 2.9 %

Shares of IONR traded up $0.11 during trading hours on Friday, reaching $3.95. 6,864 shares of the stock traded hands, compared to its average volume of 12,430. ioneer has a 52-week low of $2.90 and a 52-week high of $9.93. The company’s 50-day moving average price is $4.95 and its two-hundred day moving average price is $4.39.

ioneer Company Profile

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.