Iluka Resources Limited (OTCMKTS:ILKAY) Short Interest Down 17.4% in March

Iluka Resources Limited (OTCMKTS:ILKAY) was the recipient of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 5,159 shares, a decrease of 17.4% from the February 26th total of 6,242 shares. Based on an average daily trading volume, of 2,537 shares, the short-interest ratio is currently 2.0 days.

Iluka Resources Price Performance

ILKAY opened at $22.15 on Tuesday. Iluka Resources has a 12-month low of $9.08 and a 12-month high of $35.77. The firm has a 50 day moving average of $21.03 and a two-hundred day moving average of $21.46.

About Iluka Resources

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.