Short Interest in Leading Edge Materials Corp. (OTCMKTS:LEMIF) Rises By 103.6%

Leading Edge Materials Corp. (OTCMKTS:LEMIF) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 11,400 shares, a growth of 103.6% from the December 15th total of 5,600 shares. Based on an average trading volume of 353,400 shares, the days-to-cover ratio is presently 0.0 days.

Leading Edge Materials stock traded up $0.03 during mid-day trading on Wednesday, hitting $0.29. 214,790 shares of the company were exchanged, compared to its average volume of 162,984. The business has a fifty day moving average of $0.26 and a 200 day moving average of $0.17. Leading Edge Materials has a 1-year low of $0.03 and a 1-year high of $0.33.

About Leading Edge Materials

Leading Edge Materials Corp., a junior mining company, explores for and develops mineral resource properties in Sweden. The company primarily explores for graphite, lithium, cobalt, and rare earth elements. Its flagship project is the Woxna project that comprises 4 exploitation mining concessions consisting of Kringelgruven, Mattsmyra, Gropabo, and Mansberg with an area totaling 146.71 hectares located near the town of Edsbyn, Sweden.

Read More: What is a Derivative?