Short Interest in Ucore Rare Metals Inc. (OTCMKTS:UURAF) Drops By 69.7%

Ucore Rare Metals Inc. (OTCMKTS:UURAF) was the recipient of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 2,300 shares, a drop of 69.7% from the January 15th total of 7,600 shares. Based on an average daily trading volume, of 64,600 shares, the short-interest ratio is currently 0.0 days.

Ucore Rare Metals Stock Performance

UURAF stock traded down $0.00 during mid-day trading on Wednesday, reaching $0.57. The company had a trading volume of 32,606 shares, compared to its average volume of 38,532. Ucore Rare Metals has a one year low of $0.33 and a one year high of $0.68. The stock’s 50-day simple moving average is $0.54 and its two-hundred day simple moving average is $0.47.

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.