Leading Edge Materials Corp. (OTCMKTS:LEMIF) Sees Significant Decline in Short Interest

Leading Edge Materials Corp. (OTCMKTS:LEMIF) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 20,583 shares, a decline of 76.3% from the June 15th total of 86,763 shares. Based on an average daily volume of 110,031 shares, the short-interest ratio is currently 0.2 days.

Leading Edge Materials Stock Performance

Leading Edge Materials stock traded down $0.01 during trading on Monday, hitting $0.20. The company’s stock had a trading volume of 7,200 shares, compared to its average volume of 51,638. The stock’s fifty day moving average is $0.20 and its 200 day moving average is $0.21. Leading Edge Materials has a 1-year low of $0.10 and a 1-year high of $0.32.

About Leading Edge Materials

Leading Edge Materials (OTCMKTS:LEMIF) is a resource company focused on the exploration and development of critical metals that play a key role in the transition to clean energy. The company’s primary activities center on advanced-stage projects for graphite and rare earth elements, as well as early‐stage exploration assets targeting lithium and other technology metals. Through a combination of strategic acquisitions and greenfield discoveries, Leading Edge Materials aims to establish itself as a reliable supplier of battery‐grade raw materials to global markets.

The company’s flagship asset is the Woxna Graphite Mine in central Sweden, one of Europe’s few operating graphite deposits.