Leading Edge Materials Corp. (OTCMKTS:LEMIF) Short Interest Down 46.6% in February

Leading Edge Materials Corp. (OTCMKTS:LEMIF) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 15,700 shares, a decline of 46.6% from the February 13th total of 29,400 shares. Based on an average trading volume of 504,700 shares, the short-interest ratio is currently 0.0 days.

Leading Edge Materials Stock Up 14.0 %

LEMIF stock traded up $0.02 during midday trading on Friday, hitting $0.18. The stock had a trading volume of 49,049 shares, compared to its average volume of 96,566. Leading Edge Materials has a 12-month low of $0.05 and a 12-month high of $0.23. The company’s 50-day moving average price is $0.09 and its 200 day moving average price 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.