Short Interest in Lynas Rare Earths Limited (OTCMKTS:LYSDY) Expands By 96.5%

Lynas Rare Earths Limited (OTCMKTS:LYSDY - Get Free Report) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 542,800 shares, an increase 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 stock are sold short.

Lynas Rare Earths Stock Performance

Shares of OTCMKTS LYSDY traded down $0.03 during trading on Friday, hitting $5.30. 138,699 shares of the company traded hands, compared to its average volume of 182,686. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.18 and a quick ratio of 3.46. The business's fifty day moving average is $4.80 and its 200 day moving average is $4.57. Lynas Rare Earths has a fifty-two week low of $3.66 and a fifty-two week 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.