Short Interest in Fission Uranium Corp. (OTCMKTS:FCUUF) Increases By 8.6%

Fission Uranium Corp. (OTCMKTS:FCUUF) was the target of a large growth in short interest in September. As of September 15th, there was short interest totalling 8,362,100 shares, a growth of 8.6% from the August 31st total of 7,697,000 shares. Based on an average daily volume of 957,600 shares, the days-to-cover ratio is currently 8.7 days.

Fission Uranium Stock Performance

OTCMKTS:FCUUF opened at $0.76 on Tuesday. The stock’s fifty day moving average is $0.70 and its two-hundred day moving average is $0.77. Fission Uranium has a 52 week low of $0.53 and a 52 week high of $1.01.

Fission Uranium (OTCMKTS:FCUUF) last posted its earnings results on Wednesday, August 14th. The basic materials company reported ($0.01) EPS for the quarter. Equities research analysts predict that Fission Uranium will post -0.01 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reiterated 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.