Ucore Rare Metals Inc. (OTCMKTS:UURAF) Sees Large Growth in Short Interest

Ucore Rare Metals Inc. (OTCMKTS:UURAF) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 9,300 shares, a growth of 45.3% from the August 31st total of 6,400 shares. Based on an average trading volume of 40,400 shares, the days-to-cover ratio is currently 0.2 days.

Ucore Rare Metals Trading Down 2.0 %

UURAF opened at $0.40 on Friday. The company’s 50-day moving average price is $0.46 and its two-hundred day moving average price is $0.50. Ucore Rare Metals has a twelve month low of $0.33 and a twelve month high of $0.75.

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.