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

Leading Edge Materials Corp. (OTCMKTS:LEMIF) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 100,150 shares, an increase of 1,065.5% from the April 15th total of 8,593 shares. Based on an average daily volume of 41,062 shares, the short-interest ratio is currently 2.4 days.

Leading Edge Materials Price Performance

LEMIF stock opened at $0.22 on Tuesday. The stock’s fifty day simple moving average is $0.22 and its two-hundred day simple moving average is $0.21. Leading Edge Materials has a 1-year low of $0.09 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.