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

Iluka Resources Limited (OTCMKTS:ILKAF) was the recipient of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 2,711,900 shares, an increase of 5.9% from the October 15th total of 2,559,800 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 9,039.7 days.

Iluka Resources Stock Down 10.6 %

ILKAF opened at $3.50 on Monday. Iluka Resources has a 52 week low of $3.50 and a 52 week high of $5.41. The business’s 50 day moving average is $3.92 and its two-hundred day moving average is $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.