Iluka Resources Limited (OTCMKTS:ILKAY) Short Interest Update

Iluka Resources Limited (OTCMKTS:ILKAY) was the recipient of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 5,159 shares, a decrease of 17.4% from the February 26th total of 6,242 shares. Based on an average daily trading volume, of 2,537 shares, the days-to-cover ratio is presently 2.0 days.

Iluka Resources Stock Performance

ILKAY stock opened at $22.15 on Wednesday. Iluka Resources has a 1 year low of $9.08 and a 1 year high of $35.77. The stock’s fifty day moving average price is $21.03 and its 200-day moving average price is $21.47.

Iluka Resources Company Profile

Iluka Resources is a leading global mineral sands company with operations spanning Australia, Sierra Leone and the United States. The company specializes in the exploration, mining and processing of zircon and titanium dioxide feedstocks, including ilmenite, rutile and synthetic rutile. Iluka’s products serve a broad range of end markets, notably ceramics, refractory, pigment and chemical applications, as well as emerging technology sectors requiring specialty minerals.

Headquartered in Perth, Western Australia, Iluka Resources operates a vertically integrated business model encompassing mine development, mineral separation and marketing to industrial customers worldwide.