NioCorp Developments Ltd. (NASDAQ:NIOBW) Short Interest Update

NioCorp Developments Ltd. (NASDAQ:NIOBW) was the target of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 9,900 shares, a decline of 18.2% from the February 13th total of 12,100 shares. Based on an average daily volume of 32,000 shares, the days-to-cover ratio is currently 0.3 days.

NioCorp Developments Stock Up 12.1 %

Shares of NASDAQ:NIOBW traded up $0.02 during trading on Wednesday, reaching $0.18. 1,278 shares of the stock were exchanged, compared to its average volume of 21,819. NioCorp Developments has a 12-month low of $0.08 and a 12-month high of $0.54. The firm’s 50-day moving average price is $0.15 and its 200 day moving average price is $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.