Iluka Resources Limited (OTCMKTS:ILKAY – Get Free Report) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 200 shares, a growth of 100.0% from the October 31st total of 100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 2.0 days.
Iluka Resources Stock Performance
ILKAY stock remained flat at $17.61 during trading on Friday. Iluka Resources has a 52-week low of $17.36 and a 52-week high of $26.73. The company has a 50 day moving average price of $21.20 and a 200 day moving average price of $21.25.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group upgraded Iluka Resources to a “hold” rating in a report on Wednesday, August 28th.
Iluka Resources Company Profile
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.
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