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

Ucore Rare Metals Inc. (OTCMKTS:UURAF) was the target of a large decline in short interest in the month of 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 Down 1.0 %

Shares of OTCMKTS UURAF opened at $0.49 on Thursday. Ucore Rare Metals has a one year low of $0.33 and a one year high of $0.68. The stock’s fifty day moving average price is $0.52 and its two-hundred day moving average price is $0.47.

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.