CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) Short Interest Update

CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 29,700 shares, a drop of 58.0% from the October 31st total of 70,700 shares. Based on an average trading volume of 74,300 shares, the days-to-cover ratio is currently 0.4 days.

CanAlaska Uranium Stock Up 4.1 %

CanAlaska Uranium stock traded up $0.02 during mid-day trading on Friday, reaching $0.55. 19,700 shares of the company were exchanged, compared to its average volume of 85,726. The firm’s 50-day simple moving average is $0.54 and its two-hundred day simple moving average is $0.48. CanAlaska Uranium has a twelve month low of $0.25 and a twelve month high of $0.60.

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.