Labrador Iron Ore Royalty Co. (OTCMKTS:LIFZF) Short Interest Update

Labrador Iron Ore Royalty Co. (OTCMKTS:LIFZF) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totalling 1,387,300 shares, a decline of 8.3% from the September 30th total of 1,513,200 shares. Based on an average daily trading volume, of 2,800 shares, the days-to-cover ratio is presently 495.5 days.

Labrador Iron Ore Royalty Price Performance

Shares of OTCMKTS LIFZF opened at $22.43 on Thursday. The firm has a fifty day moving average of $22.82 and a 200 day moving average of $22.19. Labrador Iron Ore Royalty has a one year low of $20.53 and a one year high of $26.04.

About Labrador Iron Ore Royalty

Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada (IOC) that produces and processes iron ores at Labrador City, Newfoundland and Labrador. Its primary products include standard and low silica acid, flux, and direct reduction pellets; iron ore concentrate; and seaborne iron ore pellets.