NioCorp Developments Ltd. (NASDAQ:NIOBW) Short Interest Update

NioCorp Developments Ltd. (NASDAQ:NIOBW) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 9,900 shares, a decrease of 18.2% from the February 13th total of 12,100 shares. Based on an average daily trading volume, of 32,000 shares, the days-to-cover ratio is currently 0.3 days.

NioCorp Developments Price Performance

Shares of NIOBW traded down $0.00 during trading hours on Tuesday, reaching $0.17. The company’s stock had a trading volume of 100 shares, compared to its average volume of 21,869. NioCorp Developments has a 1-year low of $0.08 and a 1-year high of $0.54. The company has a 50 day moving average of $0.15 and a two-hundred day moving average of $0.13.

About NioCorp Developments

NioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. It owns and develops the Elk Creek niobium/scandium/titanium project that owns one 226.43-acre parcel of land and associated mineral rights, and an additional 40 acres of mineral rights, as well as an optioned land package that covers an area of 1,396 acres located in Johnson County, southeast Nebraska.