NioCorp Developments Ltd. (NASDAQ:NIOBW – Get Free Report) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 51,300 shares, a growth of 525.6% from the September 30th total of 8,200 shares. Based on an average daily trading volume, of 25,000 shares, the days-to-cover ratio is presently 2.1 days.
NioCorp Developments Stock Performance
NASDAQ NIOBW traded up $0.01 during trading hours on Friday, hitting $0.15. 650 shares of the company’s stock were exchanged, compared to its average volume of 14,096. The business’s 50 day moving average is $0.12 and its 200-day moving average is $0.24. NioCorp Developments has a 12-month low of $0.08 and a 12-month high of $0.66.
About NioCorp Developments
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