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

Lynas Rare Earths Limited (OTCMKTS:LYSDY) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 266,600 shares, an increase of 24.6% from the February 13th total of 214,000 shares. Currently, 0.0% of the company’s shares 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 Price Performance

OTCMKTS LYSDY traded up $0.19 on Monday, hitting $4.85. 95,675 shares of the company were exchanged, compared to its average volume of 115,898. Lynas Rare Earths has a 12 month low of $3.55 and a 12 month high of $5.53. The stock has a fifty day moving average of $4.26 and a 200-day moving average of $4.54. 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.