Iluka Resources Limited (OTCMKTS:ILKAY) Short Interest Update

Iluka Resources Limited (OTCMKTS:ILKAY) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 664 shares, a growth of 137.1% from the November 30th total of 280 shares. Based on an average daily volume of 3,052 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 3,052 shares, the short-interest ratio is presently 0.2 days.

Iluka Resources Price Performance

ILKAY traded up $0.15 during trading on Friday, hitting $19.34. 2,629 shares of the company traded hands, compared to its average volume of 4,212. Iluka Resources has a one year low of $9.08 and a one year high of $35.77. The stock’s fifty day moving average is $21.01 and its 200 day moving average is $19.51.

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.