Short Interest in Ucore Rare Metals Inc. (OTCMKTS:UURAF) Increases By 50.0%

Ucore Rare Metals Inc. (OTCMKTS:UURAF) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totalling 34,800 shares, an increase of 50.0% from the November 30th total of 23,200 shares. Based on an average daily trading volume, of 154,600 shares, the days-to-cover ratio is currently 0.2 days.

Ucore Rare Metals Stock Performance

OTCMKTS UURAF opened at $0.43 on Monday. The stock’s 50-day simple moving average is $0.46 and its two-hundred day simple moving average is $0.46. Ucore Rare Metals has a twelve month low of $0.33 and a twelve month high of $0.72.

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.