Short Interest in Lynas Rare Earths Limited (OTCMKTS:LYSCF) Increases By 23.0%

Lynas Rare Earths Limited (OTCMKTS:LYSCF) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 7,114,600 shares, an increase of 23.0% from the July 15th total of 5,785,600 shares. Based on an average daily trading volume, of 23,100 shares, the days-to-cover ratio is currently 308.0 days.

Lynas Rare Earths Stock Down 3.7 %

Shares of LYSCF stock traded down $0.15 during trading hours on Friday, hitting $3.90. The company’s stock had a trading volume of 16,094 shares, compared to its average volume of 47,443. The company has a 50 day moving average of $4.06 and a 200 day moving average of $4.05. Lynas Rare Earths has a 12-month low of $3.55 and a 12-month high of $5.05.

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 an interest in the Mount Weld project, Western Australia; and the Kalgoorlie project. Its products include yttrium, lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, and lutetium.