Iluka Resources Limited (OTCMKTS:ILKAY) Short Interest Up 137.1% in December

Iluka Resources Limited (OTCMKTS:ILKAY) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 664 shares, an increase of 137.1% from the November 30th total of 280 shares. Based on an average daily trading volume, of 3,052 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 3,052 shares, the short-interest ratio is currently 0.2 days.

Iluka Resources Trading Up 3.4%

OTCMKTS:ILKAY traded up $0.64 during trading hours on Friday, reaching $19.25. 309 shares of the company were exchanged, compared to its average volume of 4,221. Iluka Resources has a 1-year low of $9.08 and a 1-year high of $35.77. The business has a 50 day moving average of $21.13 and a 200 day moving average of $19.42.

About Iluka Resources

Iluka Resources is a leading global mineral sands company with operations spanning Australia, Sierra Leone and the United States. The company specializes in the exploration, mining and processing of zircon and titanium dioxide feedstocks, including ilmenite, rutile and synthetic rutile. Iluka’s products serve a broad range of end markets, notably ceramics, refractory, pigment and chemical applications, as well as emerging technology sectors requiring specialty minerals.

Headquartered in Perth, Western Australia, Iluka Resources operates a vertically integrated business model encompassing mine development, mineral separation and marketing to industrial customers worldwide.