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

Ucore Rare Metals Inc. (OTCMKTS:UURAF) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 3,000 shares, a decrease of 67.7% from the September 15th total of 9,300 shares. Based on an average daily volume of 43,000 shares, the days-to-cover ratio is presently 0.1 days.

Ucore Rare Metals Price Performance

OTCMKTS:UURAF traded up $0.02 on Friday, reaching $0.41. 25,327 shares of the company’s stock were exchanged, compared to its average volume of 25,013. The stock has a fifty day simple moving average of $0.44 and a 200-day simple moving average of $0.48. Ucore Rare Metals has a 52 week low of $0.33 and a 52 week high of $0.75.

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.