Lynas Rare Earths Limited (OTCMKTS:LYSDY) Short Interest Update

Lynas Rare Earths Limited (OTCMKTS:LYSDY) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 542,800 shares, a growth of 96.5% from the March 31st total of 276,300 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 576,100 shares, the days-to-cover ratio is presently 0.9 days.

Lynas Rare Earths Price Performance

OTCMKTS:LYSDY opened at $5.61 on Tuesday. The firm’s 50-day moving average price is $4.73 and its 200-day moving average price is $4.55. Lynas Rare Earths has a 1-year low of $3.66 and a 1-year high of $5.85. The company has a quick ratio of 3.46, a current ratio of 4.18 and a debt-to-equity ratio of 0.17.

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.