Iluka Resources Limited (OTCMKTS:ILKAY) Sees Significant Drop in Short Interest

Posted by Trevor Kearing on May 16th, 2026

Iluka Resources Limited (OTCMKTS:ILKAY – Get Free Report) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,421 shares, a decline of 64.8% from the April 15th total of 4,036 shares. Based on an average daily trading volume, of 8,785 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ILKAY. Zacks Research upgraded Iluka Resources to a “hold” rating in a report on Wednesday, April 15th. Canaccord Genuity Group cut Iluka Resources from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. Finally, Citigroup cut Iluka Resources from a “buy” rating to a “hold” rating in a report on Thursday, April 23rd. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Get Our Latest Report on ILKAY

Iluka Resources Trading Down 6.6%

Shares of Iluka Resources stock traded down $2.03 on Friday, hitting $28.54. 2,093 shares of the company were exchanged, compared to its average volume of 2,776. The company has a 50-day moving average price of $25.17 and a 200 day moving average price of $22.26. Iluka Resources has a 1-year low of $11.45 and a 1-year high of $35.77.

About Iluka Resources

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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.