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

Ucore Rare Metals Inc. (OTCMKTS:UURAF – Get Rating) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 38,500 shares, a growth of 34.6% from the June 30th total of 28,600 shares. Based on an average daily volume of 59,900 shares, the days-to-cover ratio is presently 0.6 days.

Ucore Rare Metals Stock Performance

Ucore Rare Metals stock opened at $0.61 on Monday. Ucore Rare Metals has a 12 month low of $0.40 and a 12 month high of $0.99. The business has a 50 day simple moving average of $0.55 and a 200-day simple moving average of $0.65.

About Ucore Rare Metals

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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.

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