CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) Sees Large Increase in Short Interest

CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) was the target of a large increase in short interest in November. As of November 30th, there was short interest totalling 53,800 shares, an increase of 81.1% from the November 15th total of 29,700 shares. Based on an average daily trading volume, of 102,500 shares, the short-interest ratio is currently 0.5 days.

CanAlaska Uranium Stock Down 1.0 %

CVVUF traded down $0.01 during trading on Friday, reaching $0.53. 26,686 shares of the stock were exchanged, compared to its average volume of 83,907. CanAlaska Uranium has a 1 year low of $0.25 and a 1 year high of $0.60. The business’s 50 day moving average price is $0.54 and its two-hundred day moving average price is $0.49.

About CanAlaska Uranium

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.