Lithium Ionic Corp. (OTCMKTS:LTHCF) Short Interest Down 58.0% in May

Lithium Ionic Corp. (OTCMKTS:LTHCF) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 348,448 shares, a decrease of 58.0% from the April 30th total of 830,559 shares. Based on an average trading volume of 24,712 shares, the short-interest ratio is presently 14.1 days.

Lithium Ionic Stock Down 3.4%

Shares of Lithium Ionic stock traded down $0.03 on Monday, reaching $0.75. 12,600 shares of the company traded hands, compared to its average volume of 28,863. Lithium Ionic has a 52 week low of $0.38 and a 52 week high of $1.06. The company has a 50 day moving average of $0.79 and a 200 day moving average of $0.75.

About Lithium Ionic

Lithium Ionic Corp. engages in the acquisition, exploration, and development of mineral properties in Brazil. The company's flagship properties include a 100% ownership in the Itinga lithium project that comprises seven mineral licenses covering an area of approximately 1,300 hectares in the prolific Aracuai lithium province; and the Salinas project located in the northeastern part of Minas Gerais state. Lithium Ionic Corp. is headquartered in Toronto, Canada.