Lynas Rare Earths Limited (OTCMKTS:LYSDY) Short Interest Up 24.0% in September

Lynas Rare Earths Limited (OTCMKTS:LYSDY) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totalling 199,100 shares, an increase of 24.0% from the August 31st total of 160,600 shares. Based on an average daily trading volume, of 100,900 shares, the days-to-cover ratio is currently 2.0 days.

Lynas Rare Earths Stock Performance

LYSDY traded up $0.05 during trading on Friday, reaching $5.36. The company had a trading volume of 29,780 shares, compared to its average volume of 79,243. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.46 and a current ratio of 4.18. Lynas Rare Earths has a 12 month low of $3.55 and a 12 month high of $5.53. The business’s fifty day moving average price is $4.37 and its 200 day moving average price is $4.21.

Lynas Rare Earths Company Profile

Lynas Rare Earths Limited, together with its subsidiaries, engages in the exploration, development, mining, extraction, and processing of rare earth minerals in Australia and Malaysia. The company holds an interest in the Mount Weld project, Western Australia; and the Kalgoorlie project. Its products include yttrium, lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, and lutetium.