Short Interest in Ucore Rare Metals Inc. (OTCMKTS:UURAF) Expands By 79.1%

Ucore Rare Metals Inc. (OTCMKTS:UURAF) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 41,200 shares, an increase of 79.1% from the March 31st total of 23,000 shares. Based on an average daily volume of 300,400 shares, the short-interest ratio is presently 0.1 days.

Ucore Rare Metals Stock Performance

UURAF stock opened at $1.43 on Wednesday. The company’s 50 day moving average is $0.79 and its 200 day moving average is $0.59. Ucore Rare Metals has a 1-year low of $0.33 and a 1-year high of $1.46.

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.