Ucore Rare Metals Inc. (OTCMKTS:UURAF) Short Interest Down 94.1% in November

Ucore Rare Metals Inc. (OTCMKTS:UURAF) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 200 shares, a drop of 94.1% from the October 31st total of 3,400 shares. Based on an average daily volume of 62,900 shares, the days-to-cover ratio is presently 0.0 days.

Ucore Rare Metals Stock Performance

Shares of UURAF traded down $0.02 during trading hours on Thursday, reaching $0.43. The company had a trading volume of 33,592 shares, compared to its average volume of 26,540. The firm has a 50 day simple moving average of $0.42 and a 200-day simple moving average of $0.46. Ucore Rare Metals has a 12-month low of $0.33 and a 12-month high of $0.75.

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.