Short Interest in Ucore Rare Metals Inc. (OTCMKTS:UURAF) Decreases By 43.2%

Ucore Rare Metals Inc. (OTCMKTS:UURAF) saw a significant drop in short interest in July. As of July 31st, there was short interest totalling 18,300 shares, a drop of 43.2% from the July 15th total of 32,200 shares. Based on an average daily trading volume, of 16,200 shares, the short-interest ratio is presently 1.1 days.

Ucore Rare Metals Stock Performance

Shares of OTCMKTS UURAF traded down $0.01 during trading on Wednesday, reaching $0.47. The company had a trading volume of 24,242 shares, compared to its average volume of 26,049. Ucore Rare Metals has a twelve month low of $0.40 and a twelve month high of $0.75. The stock has a 50-day moving average price of $0.48 and a two-hundred day moving average price of $0.54.

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.