Lynas Rare Earths Limited (OTCMKTS:LYSDY) Short Interest Update

Lynas Rare Earths Limited (OTCMKTS:LYSDYGet Free Report) was the recipient of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 276,300 shares, a decrease of 15.7% from the March 15th total of 327,600 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 146,100 shares, the days-to-cover ratio is currently 1.9 days.

Lynas Rare Earths Stock Up 1.2 %

Lynas Rare Earths stock opened at $5.80 on Wednesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.46 and a current ratio of 4.18. The business has a 50-day moving average of $4.63 and a 200-day moving average of $4.55. Lynas Rare Earths has a 1 year low of $3.66 and a 1 year high of $5.85.

About Lynas Rare Earths

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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.

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