ioneer Ltd (NASDAQ:IONR) Sees Large Growth in Short Interest

ioneer Ltd (NASDAQ:IONR) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 23,000 shares, a growth of 15.6% from the August 31st total of 19,900 shares. Based on an average daily trading volume, of 10,300 shares, the days-to-cover ratio is presently 2.2 days.

ioneer Stock Performance

Shares of IONR stock traded up $0.12 on Monday, reaching $6.65. The stock had a trading volume of 27,440 shares, compared to its average volume of 12,419. ioneer has a 1 year low of $2.90 and a 1 year high of $6.82. The company has a 50 day simple moving average of $4.13 and a 200 day simple moving average of $4.60.

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.