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

Lynas Rare Earths Limited (OTCMKTS:LYSDY - Get Free Report) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 72,800 shares, a decline of 54.5% from the April 30th total of 160,100 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 364,400 shares, the short-interest ratio is presently 0.2 days.

Lynas Rare Earths Trading Up 3.3%

Shares of Lynas Rare Earths stock traded up $0.17 on Monday, reaching $5.33. The stock had a trading volume of 228,485 shares, compared to its average volume of 180,248. The company has a current ratio of 4.18, a quick ratio of 3.46 and a debt-to-equity ratio of 0.17. The business's 50 day moving average is $5.05 and its two-hundred day moving average is $4.57. Lynas Rare Earths has a 1 year low of $3.66 and a 1 year high of $5.85.

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 interests in the Mount Weld and Kalgoorlie projects in Western Australia. Its products include lanthanum, cerium, praseodymium, neodymium, samarium, europium, gadolinium, terbium, and dysprosium.