Short Interest in NioCorp Developments Ltd. (NASDAQ:NIOBW) Rises By 15.6%

NioCorp Developments Ltd. (NASDAQ:NIOBW) was the recipient of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 44,500 shares, a growth of 15.6% from the November 15th total of 38,500 shares. Based on an average daily trading volume, of 26,000 shares, the short-interest ratio is presently 1.7 days.

NioCorp Developments Price Performance

NioCorp Developments stock traded down $0.01 during midday trading on Friday, hitting $0.10. The company’s stock had a trading volume of 116,618 shares, compared to its average volume of 16,156. NioCorp Developments has a 1-year low of $0.08 and a 1-year high of $0.64. The company has a 50-day moving average price of $0.13 and a two-hundred day moving average price of $0.16.

NioCorp Developments Company Profile

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.