ioneer Ltd (NASDAQ:IONR) Short Interest Up 89.1% in February

ioneer Ltd (NASDAQ:IONR) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 43,300 shares, a growth of 89.1% from the January 31st total of 22,900 shares. Based on an average trading volume of 35,800 shares, the days-to-cover ratio is presently 1.2 days.

ioneer Trading Down 1.9 %

Shares of NASDAQ IONR traded down $0.08 during midday trading on Monday, reaching $3.78. The company had a trading volume of 7,511 shares, compared to its average volume of 43,888. The firm’s fifty day moving average price is $4.34 and its 200-day moving average price is $5.01. ioneer has a one year low of $3.05 and a one year high of $9.35.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ioneer stock. Bank of America Corp DE purchased a new position in ioneer Ltd (NASDAQ:IONR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,546 shares of the company’s stock, valued at approximately $26,000.

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.