Short Interest in NioCorp Developments Ltd. (NASDAQ:NIOBW) Declines By 36.4%

NioCorp Developments Ltd. (NASDAQ:NIOBW) was the target of a significant decrease in short interest in the month of August. As of August 15th, there was short interest totalling 2,100 shares, a decrease of 36.4% from the July 31st total of 3,300 shares. Based on an average daily volume of 13,100 shares, the short-interest ratio is presently 0.2 days.

NioCorp Developments Stock Performance

Shares of NioCorp Developments stock opened at $0.10 on Wednesday. NioCorp Developments has a 52-week low of $0.08 and a 52-week high of $0.70. The stock’s 50-day simple moving average is $0.16 and its 200 day simple moving average is $0.32.

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.