Lipocine Stock Sees Short Interest Decline 17.8%. The most recent short interest data has been released for the 09/30/2016 settlement date, which shows a 424,331 share decrease in total short interest for Lipocine Inc , to 1,955,453, a decrease of 17.83% since 09/15/2016.
AlCl3 is basically an ionic compound, but according to Fajan's rules, every ionic compound has some covalent character in it. From the rules, phi=charge on cation/charge on anion where phi is the ionic potential of the cation.Now Al3+ has high +ve charge on it, so it can distort the cl-cation easily, thus inducing covalent character into it.See Wikipedia for more details.rom the rules, phi=charge on cation/charge on anion where phi is the ionic potential of the cation. Now Al3+ has high +ve charge on it, so it can distort the cl-cation easily, thus inducing covalent character into it. See Wikipedia for more details.
Magnesium is a metal (group 2/alkaline earth metals), while chlorine is a nonmetal (group 7/halogen). Therefore, because magnesium and chlorine do not share electrons, they do not form a covalent bond. 2) Ionic bonds are very polar because of the difference in electronegativity between magnesium and chlorine.agnesium forms a positive ion (cation) with a 2+ charge and chlorine forms a negative ion (anion) with a 1- charge. So two chlorine anions form an ionic bond with one magnesium cation for form MgCl2, a neutral chemical compound.