Frontier Nuclear and Minerals Inc. Common Shares (NASDAQ:FNUC) Short Interest Down 39.8% in July

Frontier Nuclear and Minerals Inc. Common Shares (NASDAQ:FNUC) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 912,233 shares, a decline of 39.8% from the July 15th total of 1,515,993 shares. Approximately 5.8% of the shares of the company are short sold. Based on an average daily trading volume, of 235,097 shares, the days-to-cover ratio is presently 3.9 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Frontier Nuclear and Minerals Inc. Common Shares in a research report on Wednesday, May 20th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Frontier Nuclear and Minerals Inc. Common Shares

Several institutional investors and hedge funds have recently modified their holdings of FNUC. Marex Group plc purchased a new position in shares of Frontier Nuclear and Minerals Inc. Common Shares in the 4th quarter valued at about $39,000. LPL Financial LLC acquired a new position in shares of Frontier Nuclear and Minerals Inc. Common Shares in the fourth quarter valued at approximately $52,000. Alps Advisors Inc. purchased a new position in Frontier Nuclear and Minerals Inc. Common Shares during the fourth quarter worth about $105,000. Virtu Financial LLC acquired a new stake in shares of Frontier Nuclear and Minerals Inc. Common Shares in the 4th quarter valued at approximately $133,000. Finally, J.W. Cole Advisors Inc. purchased a new position in shares of Frontier Nuclear and Minerals Inc. Common Shares in the 4th quarter valued at about $148,000. Hedge funds and other institutional investors own 0.24% of the company’s stock.

Frontier Nuclear and Minerals Inc. Common Shares Price Performance

Frontier Nuclear and Minerals Inc. Common Shares stock traded down $0.10 during trading on Tuesday, reaching $1.69. 396,672 shares of the company were exchanged, compared to its average volume of 405,199. The stock’s 50 day simple moving average is $1.73 and its two-hundred day simple moving average is $2.28. The company has a market capitalization of $30.38 million, a P/E ratio of -1.85 and a beta of 0.43. Frontier Nuclear and Minerals Inc. Common Shares has a 52-week low of $1.35 and a 52-week high of $7.43.

About Frontier Nuclear and Minerals Inc. Common Shares

Frontier Nuclear and Minerals Inc is developing a U.S.-focused front-end nuclear fuel cycle company through a portfolio of U.S. uranium exploration and development projects in Wyoming, Colorado, and Utah, together with investments in next-generation uranium enrichment and small modular reactors. Frontier Nuclear is actively evaluating value-accretive investment opportunities in other sectors of the domestic U.S. nuclear fuel cycle. The group is developing a portfolio of critical minerals projects in America, Canada, and Namibia, including uranium, tantalum, cesium, and lithium.