Short Interest in Iluka Resources Limited (OTCMKTS:ILKAY) Decreases By 60.0%

Iluka Resources Limited (OTCMKTS:ILKAY) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 600 shares, a drop of 60.0% from the December 15th total of 1,500 shares. Based on an average daily volume of 900 shares, the short-interest ratio is currently 0.7 days.

Iluka Resources Stock Performance

Iluka Resources stock remained flat at $16.40 during midday trading on Tuesday. 91 shares of the company were exchanged, compared to its average volume of 207. The firm has a fifty day moving average of $17.39 and a two-hundred day moving average of $19.49. 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.