Short Interest in Lithium Ionic Corp. (OTCMKTS:LTHCF) Expands By 156.0%

Lithium Ionic Corp. (OTCMKTS:LTHCF) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 175,380 shares, an increase of 156.0% from the June 30th total of 68,511 shares. Based on an average daily volume of 3,454 shares, the short-interest ratio is presently 50.8 days.

Lithium Ionic Stock Down 13.5%

LTHCF stock traded down $0.07 during trading on Tuesday, reaching $0.45. 300 shares of the stock were exchanged, compared to its average volume of 23,816. Lithium Ionic has a twelve month low of $0.45 and a twelve month high of $1.06. The firm’s 50 day moving average is $0.58 and its 200 day moving average is $0.73.

About Lithium Ionic

Lithium Ionic Corp. engages in the acquisition, exploration, and development of mineral properties in Brazil. The company's flagship properties include a 100% ownership in the Itinga lithium project that comprises seven mineral licenses covering an area of approximately 1,300 hectares in the prolific Aracuai lithium province; and the Salinas project located in the northeastern part of Minas Gerais state. Lithium Ionic Corp. is headquartered in Toronto, Canada.