Ucore Rare Metals Inc. (OTCMKTS:UURAF) Short Interest Up 27.7% in May

Ucore Rare Metals Inc. (OTCMKTS:UURAF) saw a significant increase in short interest in May. As of May 31st, there was short interest totalling 174,500 shares, an increase of 27.7% from the May 15th total of 136,600 shares. Based on an average daily trading volume, of 315,400 shares, the short-interest ratio is currently 0.6 days.

Ucore Rare Metals Stock Performance

Ucore Rare Metals stock opened at $0.87 on Thursday. The stock’s fifty day moving average price is $1.09 and its two-hundred day moving average price is $0.75. Ucore Rare Metals has a one year low of $0.33 and a one year high of $1.64.

Ucore Rare Metals Company Profile

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.