ioneer Ltd (OTCMKTS:GSCCF) Sees Significant Decline in Short Interest

ioneer Ltd (OTCMKTS:GSCCF) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 5,192,100 shares, a decrease of 7.0% from the March 15th total of 5,583,900 shares. Based on an average daily volume of 137,700 shares, the days-to-cover ratio is currently 37.7 days.

ioneer Stock Performance

GSCCF opened at C$0.14 on Thursday. ioneer has a one year low of C$0.07 and a one year high of C$0.28. The business’s 50-day simple moving average is C$0.10 and its 200-day simple moving average is C$0.10.

About ioneer

ioneer Ltd explores for and develops mineral properties in North America. Its flagship property is the Rhyolite Ridge lithium-boron project located in the state of Nevada, the United States. The company was formerly known as Global Geoscience Limited and changed its name to ioneer Ltd in November 2018.