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

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

NioCorp Developments Stock Down 9.1 %

NASDAQ NIOBW traded down $0.01 during trading hours on Monday, hitting $0.10. The company had a trading volume of 14,729 shares, compared to its average volume of 10,152. The firm has a 50 day simple moving average of $0.12 and a 200 day simple moving average of $0.29. NioCorp Developments has a 52 week low of $0.08 and a 52 week high of $0.70.

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.