NioCorp Developments Ltd. (NASDAQ:NIOBW) Short Interest Down 18.8% in November

NioCorp Developments Ltd. (NASDAQ:NIOBW) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 38,500 shares, a decline of 18.8% from the October 31st total of 47,400 shares. Based on an average daily trading volume, of 20,700 shares, the days-to-cover ratio is presently 1.9 days.

NioCorp Developments Stock Performance

Shares of NioCorp Developments stock opened at $0.10 on Monday. NioCorp Developments has a 1-year low of $0.08 and a 1-year high of $0.64. The business has a 50-day moving average of $0.13 and a 200-day moving average of $0.18.

About NioCorp Developments

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.