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

CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 236,700 shares, a decrease of 13.4% from the August 15th total of 273,400 shares. Based on an average trading volume of 88,400 shares, the days-to-cover ratio is presently 2.7 days.

CanAlaska Uranium Price Performance

Shares of CanAlaska Uranium stock traded up $0.03 during trading on Tuesday, reaching $0.52. 73,071 shares of the company’s stock were exchanged, compared to its average volume of 88,481. CanAlaska Uranium has a 1-year low of $0.25 and a 1-year high of $0.60. The firm’s 50-day moving average price is $0.47 and its 200 day moving average price is $0.45.

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.