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

Iluka Resources Limited (OTCMKTS:ILKAF) was the recipient of a significant growth in short interest in 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 daily volume of 300 shares, the short-interest ratio is currently 9,039.7 days.

Iluka Resources Price Performance

Shares of ILKAF stock opened at $3.50 on Monday. Iluka Resources has a 12-month low of $3.50 and a 12-month high of $5.41. The stock has a 50 day simple moving average of $3.92 and a 200-day simple moving average of $4.21.

About Iluka Resources

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.