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

Fission Uranium Corp. (OTCMKTS:FCUUF) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 8,729,100 shares, a drop 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 presently 25.7 days.

Fission Uranium Trading Down 2.4 %

OTCMKTS:FCUUF traded down $0.02 during trading hours on Monday, reaching $0.85. The company had a trading volume of 256,514 shares, compared to its average volume of 386,398. Fission Uranium has a 52 week low of $0.42 and a 52 week high of $0.99. The firm’s 50 day moving average price is $0.81 and its 200-day moving average price is $0.81.

Analysts Set New Price Targets

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

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.