ioneer Ltd (NASDAQ:IONR) Short Interest Update

ioneer Ltd (NASDAQ:IONR) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 4,988 shares, a decline of 66.4% from the December 15th total of 14,830 shares. Based on an average daily volume of 112,872 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 112,872 shares, the short-interest ratio is presently 0.0 days.

ioneer Stock Performance

Shares of NASDAQ IONR traded down $0.20 during midday trading on Thursday, reaching $5.75. 80,390 shares of the company were exchanged, compared to its average volume of 59,569. ioneer has a 1 year low of $2.30 and a 1 year high of $8.20. The stock has a fifty day simple moving average of $4.78 and a 200 day simple moving average of $4.22.

Analyst Ratings Changes

IONR has been the subject of a number of research analyst reports. Wall Street Zen raised ioneer to a “hold” rating in a research report on Saturday, November 1st. Weiss Ratings reissued a “sell (e+)” rating on shares of ioneer in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ioneer stock. GK Wealth Management LLC increased its stake in shares of ioneer Ltd (NASDAQ:IONR) by 37.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 39,700 shares of the company’s stock after purchasing an additional 10,750 shares during the quarter. GK Wealth Management LLC’s holdings in ioneer were worth $104,000 as of its most recent SEC filing.

ioneer Company Profile

ioneer Ltd. is a mineral exploration and development company focused on advancing its flagship Rhyolite Ridge lithium-boron project in Nevada. The company’s core business activities center on developing a vertically integrated supply of critical battery minerals, including lithium carbonate and boric acid, to support the growing electric vehicle and energy storage markets. ioneer’s Rhyolite Ridge project is one of the only known deposits globally that contains both lithium and boron in economically recoverable concentrations, positioning the company to deliver a differentiated product to downstream battery and industrial users.

Founded and listed on the Australian Securities Exchange in the late 2010s under its original name, the company rebranded to ioneer in 2018 to reflect a strategic focus on innovation in battery metals.