Short Interest in Lithium Ionic Corp. (OTCMKTS:LTHCF) Rises By 18.4%

Lithium Ionic Corp. (OTCMKTS:LTHCF) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 787,400 shares, an increase of 18.4% from the May 31st total of 665,100 shares. Based on an average trading volume of 54,300 shares, the short-interest ratio is currently 14.5 days.

Lithium Ionic Stock Up 5.1 %

Shares of OTCMKTS LTHCF traded up $0.02 during mid-day trading on Tuesday, reaching $0.42. The company had a trading volume of 12,770 shares, compared to its average volume of 20,483. Lithium Ionic has a one year low of $0.39 and a one year high of $2.09. The business’s 50-day simple moving average is $0.60 and its 200 day simple moving average is $0.71.

About Lithium Ionic

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.