Short Interest in Ucore Rare Metals Inc. (OTCMKTS:UURAF) Decreases By 70.7%

Ucore Rare Metals Inc. (OTCMKTS:UURAF) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totalling 10,200 shares, a decline of 70.7% from the December 31st total of 34,800 shares. Based on an average daily volume of 102,100 shares, the days-to-cover ratio is currently 0.1 days.

Ucore Rare Metals Stock Up 0.5 %

OTCMKTS UURAF traded up $0.00 during trading hours on Tuesday, hitting $0.51. 78,555 shares of the company’s stock traded hands, compared to its average volume of 29,991. Ucore Rare Metals has a 52-week low of $0.33 and a 52-week high of $0.68. The firm’s 50-day moving average is $0.52 and its 200-day 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.