Short Interest in CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) Rises By 93.5%

CanAlaska Uranium Ltd. (OTCMKTS:CVVUF – Get Rating) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 29,600 shares, an increase of 93.5% from the April 30th total of 15,300 shares. Based on an average daily volume of 100,800 shares, the short-interest ratio is presently 0.3 days.

CanAlaska Uranium Stock Down 2.2 %

OTCMKTS:CVVUF traded down $0.01 during mid-day trading on Friday, reaching $0.24. 32,650 shares of the company’s stock traded hands, compared to its average volume of 81,576. The company has a 50 day moving average price of $0.25 and a 200-day moving average price of $0.31. CanAlaska Uranium has a 12-month low of $0.21 and a 12-month high of $0.48.

About CanAlaska Uranium

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CanAlaska Uranium Ltd. engages in the exploration and acquisition of mineral properties. Its projects include West McArthur, Cree East, NW Manitoba, NE Wollaston and Other. The company was founded on May 22, 1985 and is headquartered in Vancouver, Canada.