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

Ucore Rare Metals Inc. (OTCMKTS:UURAF) was the target of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 8,200 shares, a growth of 256.5% from the January 31st total of 2,300 shares. Based on an average trading volume of 117,400 shares, the days-to-cover ratio is presently 0.1 days.

Ucore Rare Metals Stock Performance

Shares of OTCMKTS UURAF opened at $0.51 on Friday. The firm has a 50 day moving average price of $0.53 and a 200 day moving average price of $0.48. Ucore Rare Metals has a 52-week low of $0.33 and a 52-week high of $0.68.

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.