Lithium Ionic Corp. (OTCMKTS:LTHCF) Short Interest Update

Lithium Ionic Corp. (OTCMKTS:LTHCF) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 103,013 shares, a decrease of 70.4% from the May 14th total of 348,448 shares. Based on an average daily volume of 13,067 shares, the short-interest ratio is presently 7.9 days.

Lithium Ionic Stock Performance

OTCMKTS LTHCF remained flat at $0.54 during trading hours on Friday. The company had a trading volume of 2,650 shares, compared to its average volume of 27,279. The stock has a fifty day simple moving average of $0.78 and a 200-day simple moving average of $0.76. Lithium Ionic has a 1 year low of $0.38 and a 1 year high of $1.06.

Lithium Ionic Company Profile

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.