ioneer Ltd (NASDAQ:IONR) Short Interest Update

ioneer Ltd (NASDAQ:IONR) was the target of a large drop in short interest in October. As of October 15th, there was short interest totalling 11,200 shares, a drop of 60.6% from the September 30th total of 28,400 shares. Based on an average daily volume of 14,400 shares, the short-interest ratio is currently 0.8 days.

ioneer Stock Performance

ioneer stock traded up $0.58 during midday trading on Monday, hitting $8.73. 139,055 shares of the stock were exchanged, compared to its average volume of 16,021. ioneer has a 1 year low of $2.90 and a 1 year high of $9.35. The company has a 50 day moving average price of $5.31 and a two-hundred day moving average price of $4.86.

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.