ioneer Ltd (NASDAQ:IONR) Sees Significant Drop in Short Interest

ioneer Ltd (NASDAQ:IONR) saw a large decrease in short interest in November. As of November 30th, there was short interest totalling 41,300 shares, a decrease of 7.4% from the November 15th total of 44,600 shares. Based on an average daily trading volume, of 33,600 shares, the days-to-cover ratio is currently 1.2 days.

ioneer Stock Down 6.8 %

Shares of NASDAQ IONR traded down $0.29 during trading on Monday, hitting $4.05. 19,849 shares of the company were exchanged, compared to its average volume of 17,557. ioneer has a 12-month low of $2.90 and a 12-month high of $9.35. The company has a fifty day moving average price of $6.10 and a 200-day moving average price of $4.91.

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.