Iluka Resources Limited (OTCMKTS:ILKAF) Short Interest Up 5.5% in November

Iluka Resources Limited (OTCMKTS:ILKAF) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 2,862,400 shares, a growth of 5.5% from the October 31st total of 2,711,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 28,624.0 days.

Iluka Resources Price Performance

ILKAF opened at $3.60 on Thursday. The company’s 50 day simple moving average is $3.84 and its two-hundred day simple moving average is $4.08. 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.