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

Lynas Rare Earths Limited (OTCMKTS:LYSDY) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 164,100 shares, a decline of 18.2% from the June 30th total of 200,700 shares. Based on an average daily trading volume, of 91,600 shares, the days-to-cover ratio is presently 1.8 days.

Lynas Rare Earths Stock Performance

Shares of LYSDY traded up $0.03 during mid-day trading on Friday, reaching $3.99. The stock had a trading volume of 41,438 shares, compared to its average volume of 40,902. Lynas Rare Earths has a 12 month low of $3.55 and a 12 month high of $5.00. The business has a fifty day moving average of $4.21 and a 200 day moving average of $4.04.

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 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.