ioneer Ltd (OTCMKTS:GSCCF) Sees Large Growth in Short Interest

ioneer Ltd (OTCMKTS:GSCCF) was the target of a significant growth in short interest in October. As of October 31st, there was short interest totalling 6,189,000 shares, a growth of 11.0% from the October 15th total of 5,575,500 shares. Based on an average trading volume of 768,400 shares, the days-to-cover ratio is currently 8.1 days.

ioneer Stock Down 4.9 %

GSCCF opened at C$0.13 on Monday. ioneer has a 52 week low of C$0.06 and a 52 week high of C$0.25. The business’s fifty day simple moving average is C$0.15 and its 200 day simple moving average is C$0.12.

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.