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 February. As of February 28th, there was short interest totalling 9,900 shares, a decrease of 18.2% from the February 13th total of 12,100 shares. Based on an average trading volume of 32,000 shares, the short-interest ratio is presently 0.3 days.

NioCorp Developments Trading Up 12.1 %

Shares of NioCorp Developments stock traded up $0.02 during mid-day trading on Thursday, reaching $0.18. 1,278 shares of the stock were exchanged, compared to its average volume of 21,819. NioCorp Developments has a fifty-two week low of $0.08 and a fifty-two week high of $0.54. The firm has a 50-day simple moving average of $0.15 and a 200 day simple moving average of $0.13.

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.