Leading Edge Materials Corp. (OTCMKTS:LEMIF) Sees Significant Drop in Short Interest

Leading Edge Materials Corp. (OTCMKTS:LEMIF) was the recipient of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 3,000 shares, a decrease of 61.0% from the January 15th total of 7,700 shares. Based on an average trading volume of 107,600 shares, the short-interest ratio is currently 0.0 days.

Leading Edge Materials Price Performance

OTCMKTS LEMIF opened at $0.06 on Friday. Leading Edge Materials has a 12 month low of $0.05 and a 12 month high of $0.11. The stock’s fifty day moving average price is $0.06 and its 200-day moving average price is $0.07.

About Leading Edge Materials

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.