Leading Edge Materials Corp. (OTCMKTS:LEMIF) Short Interest Up 880.0% in February

Leading Edge Materials Corp. (OTCMKTS:LEMIF) was the target of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 29,400 shares, an increase of 880.0% from the January 31st total of 3,000 shares. Based on an average daily volume of 113,800 shares, the days-to-cover ratio is currently 0.3 days.

Leading Edge Materials Stock Performance

Shares of OTCMKTS:LEMIF traded up $0.06 on Friday, reaching $0.19. 508,507 shares of the company were exchanged, compared to its average volume of 105,697. Leading Edge Materials has a 1-year low of $0.05 and a 1-year high of $0.23. The company has a 50-day moving average of $0.07 and a 200-day moving average of $0.07.

Leading Edge Materials Company Profile

Leading Edge Materials Corp. engages in the exploration and development of resource properties in Canada, Sweden, and Romania. It primarily explores for graphite, lithium, nickel, cobalt, and rare earth elements. The company holds a 100% interest in the Woxna graphite project that includes four concessions consisting of Kringelgruven, Mattsmyra, Gropabo, and Mansberg located in Gavleborg County, central Sweden.