Iluka Resources Limited (OTCMKTS:ILKAF) Short Interest Up 5.9% in October

Iluka Resources Limited (OTCMKTS:ILKAF) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 2,711,900 shares, an increase of 5.9% from the October 15th total of 2,559,800 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 9,039.7 days.

Iluka Resources Price Performance

ILKAF stock opened at $3.50 on Monday. Iluka Resources has a 1 year low of $3.50 and a 1 year high of $5.41. The company’s 50-day moving average is $3.92 and its 200-day moving average is $4.21.

Iluka Resources Company Profile

Iluka Resources Limited engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands in Australia, China, rest of Asia, Europe, the Americas, and internationally. It operates through Jacinth-Ambrosia/Mid-West, Cataby/South West, Rare Earths, and United States/Murray Basin segments.