Lynas Rare Earths Limited – Sponsored ADR (OTCMKTS:LYSDY) Short Interest Update

Lynas Rare Earths Limited – Sponsored ADR (OTCMKTS:LYSDY) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 221,713 shares, a decrease of 50.0% from the December 15th total of 443,408 shares. Based on an average daily trading volume, of 667,661 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 667,661 shares, the short-interest ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. UBS Group raised shares of Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 19th. The Goldman Sachs Group upgraded Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 18th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Lynas Rare Earths has a consensus rating of “Buy”.

Lynas Rare Earths Trading Down 3.2%

LYSDY traded down $0.34 during midday trading on Thursday, hitting $10.30. 506,775 shares of the company traded hands, compared to its average volume of 585,138. The business has a 50 day simple moving average of $9.15 and a two-hundred day simple moving average of $9.26. Lynas Rare Earths has a 52-week low of $3.81 and a 52-week high of $16.18. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.67 and a current ratio of 2.83.

About Lynas Rare Earths

Lynas Rare Earths Limited (OTCMKTS: LYSDY) is a leading global supplier of rare earth elements, headquartered in Perth, Australia. The company’s flagship operation is the Mount Weld mine in Western Australia, one of the world’s highest‐grade rare earth deposits. Lynas extracts and concentrates rare earth ores, which serve as critical feedstock for the production of high-performance magnets, catalysts and other specialty applications used in automotive, electronics and renewable energy industries.

Beyond mining, Lynas operates a key processing facility at Kuantan in Malaysia, where it carries out cracking, leaching and separation of rare earth concentrate.