Short Interest in American Rare Earths Limited (OTCMKTS:ARRNF) Decreases By 76.4%

American Rare Earths Limited (OTCMKTS:ARRNF) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 301,940 shares, a drop of 76.4% from the May 31st total of 1,281,641 shares. Based on an average trading volume of 2,410,482 shares, the short-interest ratio is presently 0.1 days.

American Rare Earths Price Performance

OTCMKTS ARRNF opened at $0.26 on Friday. American Rare Earths has a one year low of $0.14 and a one year high of $0.78.

American Rare Earths is a mineral exploration and development company focused on identifying and advancing rare earth element projects. The company’s work centers on finding and evaluating deposits that may support the supply of rare earth materials used in a range of industrial, clean energy, and technology applications.

The company is best known for its efforts to develop rare earth projects in the United States, where it has emphasized the potential of domestic supply chains for strategically important minerals.