Leading Edge Materials Corp. (OTCMKTS:LEMIF) Sees Large Increase in Short Interest

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

Leading Edge Materials Stock Performance

OTCMKTS:LEMIF traded up $0.01 during trading hours on Thursday, reaching $0.13. The stock had a trading volume of 94,140 shares, compared to its average volume of 94,509. Leading Edge Materials has a 52 week low of $0.05 and a 52 week high of $0.15. The company has a 50 day moving average price of $0.07 and a two-hundred day moving average price 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.