Western Copper and Gold Co. (WRN) Short Interest Up 48.9% in August
Western Copper and Gold Co. (NYSE:WRN) (TSE:WRN) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 295,011 shares, an increase of 48.9% from the August 15th total of 198,062 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 79,400 shares, the days-to-cover ratio is presently 3.7 days.
Separately, HC Wainwright restated a “buy” rating and issued a $2.25 price target on shares of Western Copper and Gold in a research note on Wednesday, September 6th.
Western Copper and Gold (NYSE:WRN) opened at 1.32 on Friday. The company’s market capitalization is $127.32 million. Western Copper and Gold has a 1-year low of $0.73 and a 1-year high of $1.80. The firm has a 50-day moving average price of $1.22 and a 200-day moving average price of $1.16.
Western Copper and Gold (NYSE:WRN) (TSE:WRN) last issued its quarterly earnings data on Thursday, August 3rd. The company reported ($0.01) EPS for the quarter.
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