Short Interest in Iluka Resources Limited (OTCMKTS:ILKAY) Expands By 245.5%

Iluka Resources Limited (OTCMKTS:ILKAY) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 691 shares, a growth of 245.5% from the December 31st total of 200 shares. Based on an average daily volume of 5,074 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 5,074 shares, the short-interest ratio is currently 0.1 days.

Iluka Resources Trading Down 7.1%

Iluka Resources stock traded down $1.66 on Wednesday, hitting $21.74. The company’s stock had a trading volume of 484 shares, compared to its average volume of 2,585. The company has a fifty day moving average price of $20.90 and a 200-day moving average price of $20.99. Iluka Resources has a one year low of $9.08 and a one year high of $35.77.

Iluka Resources Company Profile

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.