Short Interest in Lynas Rare Earths Limited (OTCMKTS:LYSDY) Drops By 43.8%

Lynas Rare Earths Limited (OTCMKTS:LYSDY - Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 40,900 shares, a decrease of 43.8% from the May 15th total of 72,800 shares. Based on an average daily trading volume, of 294,600 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Lynas Rare Earths Price Performance

Shares of OTCMKTS:LYSDY traded up $0.11 during trading hours on Friday, hitting $5.87. The stock had a trading volume of 137,152 shares, compared to its average volume of 193,302. The stock's fifty day simple moving average is $5.29 and its 200 day simple moving average is $4.65. Lynas Rare Earths has a 1-year low of $3.66 and a 1-year high of $6.20. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.18 and a quick ratio of 3.46.

Lynas Rare Earths Company Profile

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.