Centrus Energy Corp (NYSEAMERICAN:LEU) was the recipient of a significant decrease in short interest during the month of December. As of December 13th, there was short interest totalling 16,800 shares, a decrease of 83.2% from the November 28th total of 99,800 shares. Based on an average trading volume of 57,500 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are sold short.
A hedge fund recently raised its stake in Centrus Energy stock. Vanguard Group Inc. grew its position in shares of Centrus Energy Corp (NYSEAMERICAN:LEU) by 18.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 116,031 shares of the basic materials company’s stock after purchasing an additional 18,026 shares during the quarter. Vanguard Group Inc. owned approximately 1.23% of Centrus Energy worth $378,000 as of its most recent SEC filing.
NYSEAMERICAN:LEU traded up $0.22 on Friday, hitting $6.78. The company had a trading volume of 30,130 shares, compared to its average volume of 38,704. Centrus Energy has a 52 week low of $1.97 and a 52 week high of $8.00.
Centrus Energy (NYSEAMERICAN:LEU) last announced its quarterly earnings results on Thursday, November 7th. The basic materials company reported $2.17 earnings per share (EPS) for the quarter. The company had revenue of $104.70 million for the quarter.
About Centrus Energy
Centrus Energy Corp. supplies nuclear fuel and services for the commercial nuclear power industry in the United States, Japan, Belgium, and internationally. The company operates in two segments, Low-Enriched Uranium (LEU) and Contract Services. Its LEU is a component used in the production of nuclear fuel for reactors to produce electricity.
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