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CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) Sees Significant Growth in Short Interest

kopsource ·  Dec 16, 2022 12:42

CanAlaska Uranium Ltd. (OTCMKTS:CVVUF – Get Rating) was the target of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 116,500 shares, a growth of 39.0% from the November 15th total of 83,800 shares. Based on an average trading volume of 66,600 shares, the days-to-cover ratio is presently 1.7 days.

CanAlaska Uranium Stock Performance

CanAlaska Uranium stock traded up $0.00 during mid-day trading on Friday, reaching $0.28. 108,216 shares of the company's stock were exchanged, compared to its average volume of 86,512. The business's fifty day simple moving average is $0.30 and its 200 day simple moving average is $0.32. CanAlaska Uranium has a one year low of $0.21 and a one year high of $0.58.

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CanAlaska Uranium Company Profile

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CanAlaska Uranium Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties. It primarily explores for uranium, nickel, copper, gold, and diamond deposits. The company has an option agreement to acquire 80% interest in the Geikie project that comprises six new uranium targets totaling 33,897 hectares located in the Eastern Athabasca basin; and a 100% interest in the Marshall project located in the Athabasca Basin.

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