Rare Element Resources Ltd. (OTCMKTS:REEMF) Sees Large Decline in Short Interest
Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Free Report) was the target of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 1,333,850 shares, a decline of 22.8% from the January 29th total of 1,727,926 shares. Based on an average trading volume of 686,693 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 686,693 shares, the days-to-cover ratio is presently 1.9 days.
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