Short Interest in Lithium Ionic Corp. (OTCMKTS:LTHCF) Increases By 20.2%

Lithium Ionic Corp. (OTCMKTS:LTHCF – Get Rating) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totalling 287,500 shares, a growth of 20.2% from the April 15th total of 239,100 shares. Based on an average trading volume of 20,200 shares, the short-interest ratio is presently 14.2 days.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on LTHCF shares. Clarus Securities started coverage on Lithium Ionic in a research report on Friday, March 17th. They set a “buy” rating for the company. Stifel Nicolaus started coverage on Lithium Ionic in a research report on Tuesday, April 25th. They set a “buy” rating for the company.

Lithium Ionic Price Performance

LTHCF stock opened at $2.12 on Monday. Lithium Ionic has a twelve month low of $0.67 and a twelve month high of $3.00. The company’s 50 day moving average is $1.76.