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 in the month of July. As of July 15th, there was short interest totalling 32,200 shares, a growth of 33.6% from the June 30th total of 24,100 shares. Based on an average daily trading volume, of 31,200 shares, the days-to-cover ratio is presently 1.0 days.

Ucore Rare Metals Stock Down 2.6 %

UURAF stock traded down $0.01 during midday trading on Friday, reaching $0.49. 10,237 shares of the company’s stock traded hands, compared to its average volume of 26,976. The stock’s 50-day moving average is $0.49 and its 200 day moving average is $0.55. Ucore Rare Metals has a 52-week low of $0.40 and a 52-week high of $0.75.

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.