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

Lithium Ionic Corp. (OTCMKTS:LTHCF) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 175,380 shares, a growth of 156.0% from the June 30th total of 68,511 shares. Based on an average trading volume of 3,454 shares, the short-interest ratio is currently 50.8 days.

Lithium Ionic Stock Performance

LTHCF remained flat at $0.52 on Monday. The company’s stock had a trading volume of 2,000 shares, compared to its average volume of 24,022. The firm’s fifty day moving average is $0.58 and its 200-day moving average is $0.73. Lithium Ionic has a 12 month low of $0.45 and a 12 month 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.