Short Interest in CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) Decreases By 67.4%

CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 63,500 shares, a drop of 67.4% from the September 30th total of 194,500 shares. Based on an average daily trading volume, of 149,700 shares, the short-interest ratio is currently 0.4 days.

CanAlaska Uranium Price Performance

Shares of CVVUF stock traded up $0.01 during trading hours on Friday, reaching $0.58. The stock had a trading volume of 62,596 shares, compared to its average volume of 90,652. The stock’s fifty day simple moving average is $0.51 and its 200 day simple moving average is $0.46. CanAlaska Uranium has a 12 month low of $0.25 and a 12 month high of $0.60.

About CanAlaska Uranium

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.