Lynas Rare Earths Limited (OTCMKTS:LYSDY) Short Interest Up 24.0% in September
by Doug Wharley · The Cerbat GemLynas Rare Earths Limited (OTCMKTS:LYSDY – Get Free Report) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 199,100 shares, a growth of 24.0% from the August 31st total of 160,600 shares. Based on an average daily trading volume, of 100,900 shares, the days-to-cover ratio is currently 2.0 days.
Lynas Rare Earths Trading Up 2.2 %
Shares of OTCMKTS LYSDY traded up $0.12 on Monday, reaching $5.48. 45,506 shares of the company traded hands, compared to its average volume of 79,063. The company has a 50 day moving average of $4.37 and a 200 day moving average of $4.21. The company has a current ratio of 4.18, a quick ratio of 3.46 and a debt-to-equity ratio of 0.17. Lynas Rare Earths has a fifty-two week low of $3.55 and a fifty-two week high of $5.53.
About Lynas Rare Earths
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.
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