Short Interest in NioCorp Developments Ltd. (NASDAQ:NIOBW) Declines By 12.9%

NioCorp Developments Ltd. (NASDAQ:NIOBW) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 12,100 shares, a decline of 12.9% from the January 31st total of 13,900 shares. Based on an average daily trading volume, of 30,800 shares, the days-to-cover ratio is presently 0.4 days.

NioCorp Developments Trading Up 1.7 %

NASDAQ:NIOBW traded up $0.00 during mid-day trading on Thursday, reaching $0.18. The stock had a trading volume of 1,206 shares, compared to its average volume of 29,908. The business’s 50 day moving average is $0.13 and its 200 day moving average is $0.13. NioCorp Developments has a fifty-two week low of $0.08 and a fifty-two week high of $0.54.

NioCorp Developments Company Profile

NioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. It owns and develops the Elk Creek niobium/scandium/titanium project that owns one 226.43-acre parcel of land and associated mineral rights, and an additional 40 acres of mineral rights, as well as an optioned land package that covers an area of 1,396 acres located in Johnson County, southeast Nebraska.