Short Interest in Leading Edge Materials Corp. (OTCMKTS:LEMIF) Expands By 14.8%

Leading Edge Materials Corp. (OTCMKTS:LEMIF) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 27,100 shares, a growth of 14.8% from the September 15th total of 23,600 shares. Based on an average trading volume of 38,400 shares, the days-to-cover ratio is currently 0.7 days.

Leading Edge Materials Stock Performance

LEMIF stock traded down $0.01 during midday trading on Tuesday, hitting $0.07. The company’s stock had a trading volume of 2,500 shares, compared to its average volume of 21,671. Leading Edge Materials has a 12 month low of $0.05 and a 12 month high of $0.14. The firm’s 50-day moving average is $0.08 and its 200-day moving average is $0.08.

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.