Short Interest in Quest Rare Minerals Ltd Common Shares (Canada) Drops By 18.2% (QRM)
Quest Rare Minerals Ltd Common Shares (Canada) (NYSE:QRM) was the target of a large decrease in short interest in the month of August. As of August 15th, there was short interest totalling 299,040 shares, a decrease of 18.2% from the July 31st total of 365,430 shares, Stock Ratings Network.com reports. Based on an average daily volume of 159,403 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.5% of the company’s shares are sold short.
Shares of Quest Rare Minerals Ltd Common Shares (NYSE:QRM) opened at 0.19 on Thursday. Quest Rare Minerals Ltd Common Shares has a one year low of $0.18 and a one year high of $1.00. The stock’s 50-day moving average is $0.21 and its 200-day moving average is $0.37. The company’s market cap is $12.8 million.
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