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

Lynas Rare Earths Limited (OTCMKTS:LYSDY) was the target of a large growth in short interest in the month of 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 company’s shares are short sold. Based on an average trading volume of 212,500 shares, the short-interest ratio is currently 1.5 days.

Lynas Rare Earths Stock Down 2.7 %

Shares of OTCMKTS:LYSDY traded down $0.12 during mid-day trading on Thursday, reaching $4.36. 150,889 shares of the company were exchanged, compared to its average volume of 108,918. Lynas Rare Earths has a 1 year low of $3.60 and a 1 year high of $5.53. 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 firm’s 50-day simple moving average is $4.33 and its 200 day simple 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.