ioneer Ltd (OTCMKTS:GSCCF – Get Rating) saw a significant increase in short interest in August. As of August 15th, there was short interest totalling 7,505,600 shares, an increase of 17.0% from the July 31st total of 6,417,400 shares. Based on an average daily trading volume, of 599,800 shares, the short-interest ratio is currently 12.5 days.

ioneer Price Performance

Shares of ioneer stock opened at 0.46 on Wednesday. ioneer has a twelve month low of 0.22 and a twelve month high of 0.64. The company's fifty day moving average is 0.39 and its 200 day moving average is 0.41.

Analyst Ratings Changes

Separately, Stifel Nicolaus initiated coverage on shares of ioneer in a research note on Thursday, May 19th. They set a "buy" rating on the stock.

ioneer Company Profile

ioneer Ltd explores for and develops mineral properties in North America. It owns 100% interest in the Rhyolite Ridge lithium-boron project located in Nevada, the United States. The company was formerly known as Global Geoscience Limited and changed its name to ioneer Ltd in November 2018. ioneer Ltd was incorporated in 2001 and is based in North Sydney, Australia.

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