Lynas Rare Earths Limited (OTCMKTS:LYSDY) Sees Large Growth in Short Interest

Lynas Rare Earths Limited (OTCMKTS:LYSDY) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 327,600 shares, a growth of 22.9% from the February 28th total of 266,600 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 212,500 shares, the short-interest ratio is presently 1.5 days.

Lynas Rare Earths Price Performance

Shares of LYSDY traded up $0.08 during trading hours on Tuesday, hitting $4.48. 83,154 shares of the company were exchanged, compared to its average volume of 108,230. 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 fifty-two week low of $3.60 and a fifty-two week high of $5.53. The firm’s fifty day moving average is $4.32 and its 200 day moving average is $4.54.

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 interests in the Mount Weld and Kalgoorlie projects in Western Australia. Its products include lanthanum, cerium, praseodymium, neodymium, samarium, europium, gadolinium, terbium, and dysprosium.