Short Interest in ioneer Ltd (NASDAQ:IONR) Drops By 33.2%

ioneer Ltd (NASDAQ:IONR) was the target of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 44,600 shares, a decline of 33.2% from the October 31st total of 66,800 shares. Based on an average daily volume of 32,400 shares, the short-interest ratio is presently 1.4 days.

ioneer Stock Up 0.2 %

Shares of IONR stock traded up $0.01 during trading hours on Friday, hitting $5.56. 4,983 shares of the company were exchanged, compared to its average volume of 17,359. ioneer has a 52 week low of $2.90 and a 52 week high of $9.35. The business has a 50 day moving average of $6.33 and a two-hundred day moving average of $5.02.

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.