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

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

Ucore Rare Metals Stock Performance

OTCMKTS:UURAF traded down $0.00 during trading hours on Tuesday, hitting $0.58. The company’s stock had a trading volume of 27,536 shares, compared to its average volume of 32,848. Ucore Rare Metals has a twelve month low of $0.33 and a twelve month high of $0.70. The stock has a fifty day simple moving average of $0.49 and a 200-day simple 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.