Short Interest in Ucore Rare Metals Inc. (OTCMKTS:UURAF) Drops By 70.7%

Ucore Rare Metals Inc. (OTCMKTS:UURAF) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 10,200 shares, a decline of 70.7% from the December 31st total of 34,800 shares. Based on an average daily trading volume, of 102,100 shares, the short-interest ratio is currently 0.1 days.

Ucore Rare Metals Stock Down 3.6 %

Shares of Ucore Rare Metals stock traded down $0.02 during trading hours on Wednesday, hitting $0.50. The company’s stock had a trading volume of 36,901 shares, compared to its average volume of 30,394. Ucore Rare Metals has a 12 month low of $0.33 and a 12 month high of $0.68. The stock has a 50 day moving average of $0.52 and a 200 day moving average of $0.47.

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.