ioneer Ltd (NASDAQ:IONR) Short Interest Update

ioneer Ltd (NASDAQ:IONR) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 66,800 shares, an increase of 496.4% from the October 15th total of 11,200 shares. Based on an average daily volume of 30,000 shares, the short-interest ratio is presently 2.2 days.

ioneer Stock Up 4.4 %

Shares of IONR stock traded up $0.25 on Tuesday, hitting $5.96. The company’s stock had a trading volume of 15,204 shares, compared to its average volume of 17,324. ioneer has a fifty-two week low of $2.90 and a fifty-two week high of $9.35. The firm’s fifty day moving average price is $6.01 and its 200-day moving average price is $5.00.

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.