Lynas Rare Earths Limited – Sponsored ADR (OTCMKTS:LYSDY – Get Free Report) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 128,057 shares, a growth of 131.3% from the September 30th total of 55,362 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 806,627 shares, the short-interest ratio is currently 0.2 days.
Lynas Rare Earths Stock Up 3.4%
Shares of OTCMKTS LYSDY opened at $9.05 on Friday. The business’s 50 day moving average is $9.63 and its two-hundred day moving average is $11.75. The company has a debt-to-equity ratio of 0.18, a current ratio of 9.35 and a quick ratio of 8.04. Lynas Rare Earths has a 1-year low of $7.42 and a 1-year high of $15.75.
About Lynas Rare Earths
Lynas Rare Earths Limited is an Australian-based producer of separated rare earth materials. The company operates an integrated supply chain that includes mining, concentration, processing and separation of rare earth ores, with a focus on supplying materials used in permanent magnets, electronics, electric vehicles, renewable energy equipment and other advanced technologies.
Lynas’ primary resource is the Mt Weld rare earths mine in Western Australia, which is regarded as one of the world’s significant rare earth deposits.
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