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

Lynas Rare Earths Limited (OTCMKTS:LYSDY) saw a large increase in short interest during the month of 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 short-interest ratio is currently 2.0 days.

Lynas Rare Earths Price Performance

Shares of LYSDY traded up $0.12 during trading on Monday, reaching $5.48. The company’s stock had a trading volume of 45,506 shares, compared to its average volume of 79,063. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.46 and a current ratio of 4.18. The company has a fifty day moving average of $4.37 and a two-hundred day moving average of $4.21. Lynas Rare Earths has a twelve month low of $3.55 and a twelve month high of $5.53.

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.