ioneer Ltd (OTCMKTS:GSCCF) Short Interest Up 30.8% in January

ioneer Ltd (OTCMKTS:GSCCF) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 11,052,387 shares, a growth of 30.8% from the December 31st total of 8,448,723 shares. Based on an average daily trading volume, of 146,335 shares, the days-to-cover ratio is currently 75.5 days. Based on an average daily trading volume, of 146,335 shares, the days-to-cover ratio is currently 75.5 days.

ioneer Stock Performance

Shares of GSCCF traded down C$0.01 during midday trading on Tuesday, hitting C$0.11. The stock had a trading volume of 1,406 shares, compared to its average volume of 79,541. The business has a 50-day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.11. ioneer has a fifty-two week low of C$0.05 and a fifty-two week high of C$0.20.

About ioneer

ioneer Ltd is an Australian resource development company focused on the exploration, evaluation and development of battery‐grade lithium and boron resources. The company’s flagship asset is the Rhyolite Ridge Lithium‐Boron Project, located in Nevada, USA. Rhyolite Ridge hosts a unique deposit of both lithium and boron, positioning ioneer as one of the few companies worldwide targeting a combined production of these strategically important minerals in a single operation.

At Rhyolite Ridge, ioneer is advancing a definitive feasibility study and working through the permitting process with federal and state agencies in the United States.