NioCorp Developments Ltd. (NASDAQ:NIOBW) Short Interest Update

NioCorp Developments Ltd. (NASDAQ:NIOBW) was the recipient of a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 38,500 shares, a decrease of 18.8% from the October 31st total of 47,400 shares. Based on an average trading volume of 20,700 shares, the days-to-cover ratio is currently 1.9 days.

NioCorp Developments Stock Performance

Shares of NioCorp Developments stock opened at $0.10 on Friday. The business’s 50 day simple moving average is $0.13 and its 200-day simple moving average is $0.18. NioCorp Developments has a twelve month low of $0.08 and a twelve month high of $0.64.

About NioCorp Developments

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.