Ucore Rare Metals Inc. (OTCMKTS:UURAF) Sees Large Increase in Short Interest

Ucore Rare Metals Inc. (OTCMKTS:UURAF) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 9,300 shares, an increase of 45.3% from the August 31st total of 6,400 shares. Based on an average daily trading volume, of 40,400 shares, the days-to-cover ratio is currently 0.2 days.

Ucore Rare Metals Trading Down 2.0 %

UURAF stock opened at $0.40 on Friday. Ucore Rare Metals has a fifty-two week low of $0.33 and a fifty-two week high of $0.75. The business’s 50 day moving average price is $0.46 and its two-hundred day moving average price is $0.50.

Ucore Rare Metals Company Profile

Ucore Rare Metals Inc engages in the exploration and separation of elements in Canada and the United States. It primarily holds a 100% interest in the Bokan Mountain/Dotson Ridge property located in Prince of Wales Island, Alaska. The company was formerly known as Ucore Uranium Inc and changed its name to Ucore Rare Metals Inc in June 2010.