Labrador Iron Ore Royalty Co. (OTCMKTS:LIFZF) Short Interest Down 8.3% in October

Labrador Iron Ore Royalty Co. (OTCMKTS:LIFZFGet Free Report) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 1,387,300 shares, a decline of 8.3% from the September 30th total of 1,513,200 shares. Based on an average daily volume of 2,800 shares, the short-interest ratio is presently 495.5 days.

Labrador Iron Ore Royalty Stock Down 0.1 %

Labrador Iron Ore Royalty stock opened at $22.43 on Thursday. The company has a 50 day moving average price of $22.82 and a 200 day moving average price of $22.19. Labrador Iron Ore Royalty has a 52 week low of $20.53 and a 52 week high of $26.04.

About Labrador Iron Ore Royalty

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Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada (IOC) that produces and processes iron ores at Labrador City, Newfoundland and Labrador. Its primary products include standard and low silica acid, flux, and direct reduction pellets; iron ore concentrate; and seaborne iron ore pellets.

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