Iluka Resources Limited (OTCMKTS:ILKAY) Short Interest Update

Iluka Resources Limited (OTCMKTS:ILKAY) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 13,887 shares, a growth of 1,909.7% from the January 15th total of 691 shares. Based on an average daily volume of 9,296 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily volume of 9,296 shares, the days-to-cover ratio is presently 1.5 days.

Iluka Resources Stock Performance

ILKAY opened at $18.93 on Wednesday. The company has a fifty day moving average price of $20.32 and a 200-day moving average price of $21.13. 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.