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

ioneer Ltd (NASDAQ:IONR) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 49,500 shares, an increase of 21.9% from the December 31st total of 40,600 shares. Based on an average daily trading volume, of 33,400 shares, the days-to-cover ratio is currently 1.5 days.

ioneer Stock Performance

Shares of NASDAQ IONR opened at $4.40 on Friday. The firm has a 50 day moving average price of $4.54 and a 200 day moving average price of $4.90. ioneer has a 52-week low of $3.02 and a 52-week high of $9.35.

About ioneer

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.