Short Interest in Lynas Rare Earths Limited (OTCMKTS:LYSDY) Increases By 24.6%

Lynas Rare Earths Limited (OTCMKTS:LYSDY) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 266,600 shares, a growth of 24.6% from the February 13th total of 214,000 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 169,000 shares, the days-to-cover ratio is currently 1.6 days.

Lynas Rare Earths Trading Up 4.1 %

LYSDY traded up $0.19 during trading on Monday, reaching $4.85. 95,675 shares of the company’s stock were exchanged, compared to its average volume of 115,898. Lynas Rare Earths has a one year low of $3.55 and a one year high of $5.53. 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 firm has a fifty day moving average price of $4.26 and a two-hundred day moving average price of $4.54.

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.