NioCorp Developments Ltd. (NASDAQ:NIOBW) Short Interest Update

NioCorp Developments Ltd. (NASDAQ:NIOBW) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 1,400 shares, a decrease of 33.3% from the August 15th total of 2,100 shares. Based on an average trading volume of 13,700 shares, the days-to-cover ratio is presently 0.1 days.

NioCorp Developments Trading Down 9.1 %

Shares of NIOBW traded down $0.01 during trading hours on Monday, hitting $0.10. 14,729 shares of the stock traded hands, compared to its average volume of 10,152. NioCorp Developments has a 1-year low of $0.08 and a 1-year high of $0.70. The business has a fifty day moving average of $0.12 and a 200-day moving average of $0.29.

About NioCorp Developments

NioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. It owns and develops the Elk Creek niobium/scandium/titanium project that owns one 226.43-acre parcel of land and associated mineral rights, and an additional 40 acres of mineral rights, as well as an optioned land package that covers an area of 1,396 acres located in Johnson County, southeast Nebraska.