Western Copper and Gold Corporation (NYSEAMERICAN:WRN) Short Interest Down 35.0% in February

Western Copper and Gold Corporation (NYSEAMERICAN:WRN) (TSE:WRN) was the target of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 1,373,122 shares, a drop of 35.0% from the February 12th total of 2,111,956 shares. Based on an average daily volume of 2,368,044 shares, the short-interest ratio is currently 0.6 days. Currently, 0.6% of the shares of the company are sold short. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 2,368,044 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On Western Copper and Gold

Large investors have recently added to or reduced their stakes in the business. Wealth Management Associates Inc. boosted its position in Western Copper and Gold by 7.1% during the third quarter. Wealth Management Associates Inc. now owns 67,900 shares of the company’s stock worth $134,000 after purchasing an additional 4,500 shares during the period. International Assets Investment Management LLC raised its position in shares of Western Copper and Gold by 45.6% in the fourth quarter. International Assets Investment Management LLC now owns 18,200 shares of the company’s stock valued at $49,000 after purchasing an additional 5,700 shares during the period. Dynamic Advisor Solutions LLC lifted its stake in shares of Western Copper and Gold by 22.6% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 36,140 shares of the company’s stock worth $96,000 after buying an additional 6,665 shares during the last quarter. Gamco Investors INC. ET AL lifted its stake in shares of Western Copper and Gold by 2.4% during the 3rd quarter. Gamco Investors INC. ET AL now owns 433,200 shares of the company’s stock worth $853,000 after buying an additional 10,000 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of Western Copper and Gold by 23.1% during the 2nd quarter. Raymond James Financial Inc. now owns 53,253 shares of the company’s stock worth $67,000 after buying an additional 10,000 shares during the period. Institutional investors own 21.96% of the company’s stock.

Western Copper and Gold Price Performance

NYSEAMERICAN WRN traded down $0.18 during trading on Friday, reaching $2.77. 1,578,056 shares of the company’s stock were exchanged, compared to its average volume of 1,971,434. The business has a 50 day moving average price of $3.29 and a 200-day moving average price of $2.55. The stock has a market capitalization of $623.75 million, a P/E ratio of -277.00 and a beta of 1.02. Western Copper and Gold has a fifty-two week low of $0.90 and a fifty-two week high of $4.26.

About Western Copper and Gold

Western Copper and Gold Corporation is a Canada-based mineral exploration and development company focused on advancing one of the world’s largest undeveloped copper-gold deposits. Listed on the NYSE American under the symbol WRN, the company’s primary asset is the Casino Project, located in the Yukon Territory of northern Canada. Western Copper and Gold’s activities are centered on resource definition, engineering studies, environmental assessment and community engagement to prepare the deposit for eventual production.

The Casino Project comprises multiple porphyry-style mineralized zones containing copper, gold, molybdenum and silver.