Iluka Resources Limited (OTCMKTS:ILKAF) Short Interest Up 5.9% in October

Iluka Resources Limited (OTCMKTS:ILKAF) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 2,711,900 shares, a growth of 5.9% from the October 15th total of 2,559,800 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 9,039.7 days.

Iluka Resources Price Performance

Shares of Iluka Resources stock opened at $3.50 on Tuesday. The business has a fifty day simple moving average of $3.92 and a two-hundred day simple moving average of $4.20. Iluka Resources has a 1 year low of $3.50 and a 1 year high of $5.41.

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.