Iluka Resources Limited (OTCMKTS:ILKAY) Short Interest Update

Iluka Resources Limited (OTCMKTS:ILKAY) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 1,500 shares, an increase of 275.0% from the November 30th total of 400 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 3.8 days.

Iluka Resources Price Performance

Shares of OTCMKTS:ILKAY remained flat at $15.43 on Friday. 26 shares of the company’s stock were exchanged, compared to its average volume of 456. The business has a 50-day moving average price of $18.75 and a 200-day moving average price of $20.02. Iluka Resources has a 1-year low of $15.39 and a 1-year high of $26.73.

Iluka Resources Company Profile

Iluka Resources Limited engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands in Australia, China, rest of Asia, Europe, the Americas, and internationally. It operates through Jacinth-Ambrosia/Mid-West, Cataby/South West, Rare Earths, and United States/Murray Basin segments.