Lynas Rare Earths Limited (OTCMKTS:LYSDY) Short Interest Update

Lynas Rare Earths Limited (OTCMKTS:LYSDY) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 542,800 shares, a growth of 96.5% from the March 31st total of 276,300 shares. Based on an average daily volume of 576,100 shares, the short-interest ratio is presently 0.9 days. Approximately 0.1% of the company’s shares are short sold.

Lynas Rare Earths Stock Performance

LYSDY opened at $5.61 on Tuesday. The business has a 50 day simple moving average of $4.73 and a two-hundred day simple moving average of $4.55. The company has a quick ratio of 3.46, a current ratio of 4.18 and a debt-to-equity ratio of 0.17. Lynas Rare Earths has a one year low of $3.66 and a one year high of $5.85.

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.