Ucore Rare Metals Inc. (OTCMKTS:UURAF) Short Interest Update

Ucore Rare Metals Inc. (OTCMKTS:UURAF) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 133,700 shares, an increase of 289.8% from the February 28th total of 34,300 shares. Based on an average daily volume of 173,900 shares, the short-interest ratio is presently 0.8 days.

Ucore Rare Metals Price Performance

UURAF stock traded up $0.11 during mid-day trading on Friday, reaching $0.77. The company had a trading volume of 108,553 shares, compared to its average volume of 70,706. The firm has a fifty day simple moving average of $0.57 and a 200 day simple moving average of $0.50. Ucore Rare Metals has a fifty-two week low of $0.33 and a fifty-two week high of $0.91.

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.