Iluka Resources Limited (OTCMKTS:ILKAY – Get Free Report) saw a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 400 shares, a decrease of 75.0% from the March 15th total of 1,600 shares. Based on an average trading volume of 400 shares, the short-interest ratio is presently 1.0 days.
Iluka Resources Stock Performance
Shares of ILKAY opened at $11.43 on Tuesday. The company has a 50 day moving average of $12.98 and a two-hundred day moving average of $16.55. Iluka Resources has a twelve month low of $9.08 and a twelve month high of $26.73.
Iluka Resources Increases Dividend
The firm also recently disclosed a dividend, which was paid on Monday, April 14th. Stockholders of record on Wednesday, March 5th were given a $0.1272 dividend. This is a boost from Iluka Resources’s previous dividend of $0.11. The ex-dividend date was Wednesday, March 5th. Iluka Resources’s dividend payout ratio (DPR) is presently -407.68%.
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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