Fission Uranium Corp. (OTCMKTS:FCUUF) Sees Significant Drop in Short Interest

Fission Uranium Corp. (OTCMKTS:FCUUF) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 8,729,100 shares, a decline of 8.2% from the May 31st total of 9,507,600 shares. Based on an average daily trading volume, of 340,000 shares, the short-interest ratio is currently 25.7 days.

Analysts Set New Price Targets

Separately, HC Wainwright reissued a “buy” rating and issued a $1.90 price objective on shares of Fission Uranium in a research report on Tuesday, June 25th.

Fission Uranium Price Performance

Fission Uranium stock traded down $0.02 during trading hours on Monday, hitting $0.85. The company had a trading volume of 256,514 shares, compared to its average volume of 386,398. Fission Uranium has a 1 year low of $0.42 and a 1 year high of $0.99. The company has a 50-day moving average price of $0.81 and a two-hundred day moving average price of $0.81.

Fission Uranium Company Profile

Fission Uranium Corp. engages in the acquisition, exploration, and development of uranium resource properties in Canada. Its flagship property is the 100% owned Patterson Lake South property with 17 contiguous mineral claims covering an area of 31,039 ha located in the Athabasca Basin region of Saskatchewan, Canada.