Short Interest in Rare Element Resources Ltd. (OTCMKTS:REEMF) Rises By 2,100.0%

Rare Element Resources Ltd. (OTCMKTS:REEMF) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 2,200 shares, an increase of 2,100.0% from the October 15th total of 100 shares. Based on an average trading volume of 226,700 shares, the days-to-cover ratio is presently 0.0 days.

Rare Element Resources Trading Up 0.4 %

Shares of REEMF stock traded up $0.00 on Wednesday, hitting $0.39. 73,720 shares of the stock traded hands, compared to its average volume of 106,351. The firm’s 50-day moving average price is $0.36 and its two-hundred day moving average price is $0.29. Rare Element Resources has a twelve month low of $0.13 and a twelve month high of $0.49.

Rare Element Resources Company Profile

Rare Element Resources Ltd. engages in the exploration of mineral properties in the United States and Canada. It holds 100% interest in the Bear Lodge property that comprises the Bear Lodge REE project; and the Sundance Gold project located in Crook County, northeast Wyoming. Rare Element Resources Ltd.