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

Leading Edge Materials Corp. (OTCMKTS:LEMIF) was the recipient of a significant growth in short interest during the month of 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 daily volume of 38,400 shares, the short-interest ratio is currently 0.7 days.

Leading Edge Materials Price Performance

LEMIF stock opened at $0.08 on Wednesday. Leading Edge Materials has a 12-month low of $0.05 and a 12-month high of $0.14. The stock’s 50 day simple moving average is $0.08 and its 200 day simple moving average is $0.08.

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.