Ucore Rare Metals Inc. (OTCMKTS:UURAF) Short Interest Up 50.0% in December

Ucore Rare Metals Inc. (OTCMKTS:UURAF) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 34,800 shares, a growth of 50.0% from the November 30th total of 23,200 shares. Based on an average daily volume of 154,600 shares, the short-interest ratio is presently 0.2 days.

Ucore Rare Metals Price Performance

OTCMKTS UURAF opened at $0.43 on Friday. The firm has a 50 day simple moving average of $0.46 and a 200-day simple moving average of $0.46. Ucore Rare Metals has a one year low of $0.33 and a one year high of $0.72.

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.