Short Interest in Ucore Rare Metals Inc. (OTCMKTS:UURAF) Increases By 289.8%

Ucore Rare Metals Inc. (OTCMKTS:UURAF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 133,700 shares, a growth of 289.8% from the February 28th total of 34,300 shares. Based on an average trading volume of 173,900 shares, the short-interest ratio is currently 0.8 days.

Ucore Rare Metals Price Performance

UURAF stock traded up $0.11 during trading on Friday, hitting $0.77. 108,553 shares of the company’s stock were exchanged, compared to its average volume of 70,706. The business has a 50-day moving average price of $0.57 and a two-hundred day moving average price of $0.50. Ucore Rare Metals has a 52-week low of $0.33 and a 52-week high of $0.91.

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.