American Rare Earths Limited (OTCMKTS:ARRNF) Sees Large Growth in Short Interest

American Rare Earths Limited (OTCMKTS:ARRNF – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 490,226 shares, a growth of 79.7% from the September 15th total of 272,870 shares. Based on an average daily volume of 726,147 shares, the days-to-cover ratio is currently 0.7 days.

American Rare Earths Stock Down 0.6%

OTCMKTS:ARRNF opened at $0.23 on Friday. American Rare Earths has a 12-month low of $0.20 and a 12-month high of $0.49. The firm’s 50 day moving average is $0.26.

American Rare Earths Limited is a mineral exploration and development company focused on discovering and advancing rare earth element deposits. The company’s projects are intended to support potential future supplies of rare earths used in technologies such as electric vehicles, renewable energy systems, electronics and defense equipment.

Its principal asset is the Halleck Creek project in Wyoming, where American Rare Earths is evaluating a large-scale rare earths deposit and advancing exploration, resource definition, metallurgical testing and development studies.

Featured Stories

• Five stocks we like better than American Rare Earths
• ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
• Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
• AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
• Beyond the GPU: Credo Paves the Next AI Data Superhighway