Lithium Ionic Corp. (OTCMKTS:LTHCF) Short Interest Up 156.0% in July

Lithium Ionic Corp. (OTCMKTS:LTHCFGet Free Report) was the recipient of a large growth in short interest in 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 daily trading volume, of 3,454 shares, the days-to-cover ratio is presently 50.8 days.

Lithium Ionic Price Performance

OTCMKTS LTHCF remained flat at $0.45 during trading hours on Wednesday. 300 shares of the company were exchanged, compared to its average volume of 23,816. Lithium Ionic has a one year low of $0.45 and a one year high of $1.06. The business’s 50-day simple moving average is $0.57 and its 200-day simple moving average is $0.72.

About Lithium Ionic

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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.

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