Labrador Iron Ore Royalty Co. (OTCMKTS:LIFZF) Short Interest Update

Labrador Iron Ore Royalty Co. (OTCMKTS:LIFZF) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 1,513,200 shares, a growth of 32.0% from the September 15th total of 1,146,300 shares. Based on an average trading volume of 7,100 shares, the short-interest ratio is presently 213.1 days.

Labrador Iron Ore Royalty Stock Performance

Shares of LIFZF stock traded down $0.23 during mid-day trading on Tuesday, reaching $23.61. 1,111 shares of the stock traded hands, compared to its average volume of 6,668. The stock’s fifty day simple moving average is $22.60 and its two-hundred day simple moving average is $22.10. Labrador Iron Ore Royalty has a 1-year low of $20.53 and a 1-year high of $26.04.

About Labrador Iron Ore Royalty

Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada (IOC) that produces and processes iron ores at Labrador City, Newfoundland and Labrador. Its primary products include standard and low silica acid, flux, and direct reduction pellets; iron ore concentrate; and seaborne iron ore pellets.