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

ioneer Ltd (NASDAQ:IONR) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 49,500 shares, an increase of 21.9% from the December 15th 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 21.9 %

Shares of ioneer stock opened at $5.23 on Friday. The company has a 50-day simple moving average of $4.69 and a two-hundred day simple moving average of $4.84. ioneer has a 52-week low of $2.90 and a 52-week high of $9.35.

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.