Ucore Rare Metals Inc. (OTCMKTS:UURAF) Sees Significant Decline in Short Interest

Ucore Rare Metals Inc. (OTCMKTS:UURAF) was the recipient of a significant decline in short interest during 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 days-to-cover ratio is presently 0.1 days.

Ucore Rare Metals Stock Down 1.0 %

UURAF opened at $0.49 on Thursday. Ucore Rare Metals has a 12-month low of $0.33 and a 12-month high of $0.68. The business has a 50 day moving average of $0.52 and a 200-day moving average of $0.47.

About Ucore Rare Metals

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.