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

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

ioneer Price Performance

ioneer stock opened at $5.23 on Friday. ioneer has a fifty-two week low of $2.90 and a fifty-two week high of $9.35. The company’s 50 day simple moving average is $4.69 and its 200 day simple moving average is $4.84.

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.