Labrador Iron Ore Royalty Co. (OTCMKTS:LIFZF) Short Interest Update

Labrador Iron Ore Royalty Co. (OTCMKTS:LIFZF) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 1,079,800 shares, a decrease of 14.2% from the February 28th total of 1,258,700 shares. Based on an average daily volume of 37,800 shares, the short-interest ratio is presently 28.6 days.

Labrador Iron Ore Royalty Price Performance

Shares of OTCMKTS:LIFZF traded down $0.26 during midday trading on Thursday, hitting $20.57. The stock had a trading volume of 24,180 shares, compared to its average volume of 20,813. The business’s 50-day simple moving average is $21.13 and its 200-day simple moving average is $21.55. Labrador Iron Ore Royalty has a 12 month low of $19.73 and a 12 month high of $25.13.

About Labrador Iron Ore Royalty

Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada (IOC) that produces and processes iron ores at Labrador City, Newfoundland and Labrador. Its primary products include standard and low silica acid, flux, and direct reduction pellets; iron ore concentrate; and seaborne iron ore pellets.