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

Lynas Rare Earths Limited (OTCMKTS:LYSDY - Get Free Report) was the recipient of a significant increase in short interest in the month of 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 trading 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 Trading Down 0.6 %

LYSDY traded down $0.03 on Friday, reaching $5.30. 138,699 shares of the company's stock were exchanged, compared to its average volume of 182,686. Lynas Rare Earths has a twelve month low of $3.66 and a twelve month high of $5.85. The company's 50 day moving average is $4.82 and its 200-day moving average is $4.56. The company has a quick ratio of 3.46, a current ratio of 4.18 and a debt-to-equity ratio of 0.17.

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.