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 February. As of February 28th, there was short interest totalling 266,600 shares, a growth of 24.6% from the February 13th total of 214,000 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 169,000 shares, the short-interest ratio is presently 1.6 days.

Lynas Rare Earths Stock Performance

Shares of Lynas Rare Earths stock opened at $4.85 on Wednesday. Lynas Rare Earths has a 12-month low of $3.55 and a 12-month high of $5.53. The company has a current ratio of 4.18, a quick ratio of 3.46 and a debt-to-equity ratio of 0.17. The business’s 50 day moving average is $4.28 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.