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

CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totalling 1,157,000 shares, an increase of 67.6% from the April 15th total of 690,300 shares. Based on an average daily volume of 76,700 shares, the short-interest ratio is presently 15.1 days.

CanAlaska Uranium Stock Down 2.2 %

CVVUF opened at $0.42 on Tuesday. CanAlaska Uranium has a 12-month low of $0.22 and a 12-month high of $0.60. The business has a 50 day moving average of $0.47 and a 200-day moving average of $0.38.

CanAlaska Uranium Company Profile

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.