UCORE RARE METALS INC COMMON SHARES CA (OTCMKTS:UURAF) Could Burn Your Long Portfolio After More Shorts

June 13, 2018 - By Nellie Frank

Ucore Rare Metals Inc. (OTCMKTS:UURAF) Logo

The stock of UCORE RARE METALS INC COMMON SHARES CA (OTCMKTS:UURAF) registered an increase of 75.38% in short interest. UURAF’s total short interest was 22,800 shares in June as published by FINRA. Its up 75.38% from 13,000 shares, reported previously. With 139,800 shares average volume, it will take short sellers 0 days to cover their UURAF’s short positions. The short interest to UCORE RARE METALS INC COMMON SHARES CA’s float is 0.01%.

The stock increased 2.39% or $0.0035 during the last trading session, reaching $0.1484. About 44,190 shares traded. Ucore Rare Metals Inc. (OTCMKTS:UURAF) has 0.00% since June 13, 2017 and is . It has underperformed by 12.57% the S&P500.

Ucore Rare Metals Inc. engages in the exploration and separation of rare earth elements in Canada and the United States. The company has market cap of $38.89 million. It primarily holds a 100% interest in the Bokan Mountain/Dotson Ridge property located in Alaska. It currently has negative earnings. The firm was formerly known as Ucore Uranium Inc. and changed its name to Ucore Rare Metals Inc. in June 2010.

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