Rare Element Resources Ltd. (OTCMKTS:REEMF) Short Interest Update

Rare Element Resources Ltd. (OTCMKTS:REEMF) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 2,200 shares, an increase of 2,100.0% from the October 15th total of 100 shares. Based on an average daily trading volume, of 226,700 shares, the short-interest ratio is currently 0.0 days.

Rare Element Resources Stock Performance

OTCMKTS REEMF remained flat at $0.39 during trading hours on Thursday. The company had a trading volume of 32,207 shares, compared to its average volume of 142,411. Rare Element Resources has a 52-week low of $0.13 and a 52-week high of $0.49. The business’s fifty day moving average is $0.36 and its 200 day moving average is $0.29.

Rare Element Resources Company Profile

Rare Element Resources Ltd. engages in the exploration of mineral properties in the United States and Canada. It holds 100% interest in the Bear Lodge property that comprises the Bear Lodge REE project; and the Sundance Gold project located in Crook County, northeast Wyoming. Rare Element Resources Ltd.