CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) Sees Large Growth in Short Interest

CanAlaska Uranium Ltd. (OTCMKTS:CVVUFGet Free Report) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 1,243,327 shares, a growth of 461.0% from the May 31st total of 221,632 shares. Based on an average daily volume of 539,554 shares, the short-interest ratio is currently 2.3 days.

CanAlaska Uranium Stock Down 2.5%

OTCMKTS CVVUF traded down $0.01 during trading hours on Friday, hitting $0.32. The company had a trading volume of 33,378 shares, compared to its average volume of 131,673. CanAlaska Uranium has a 52 week low of $0.30 and a 52 week high of $0.91. The firm has a 50 day simple moving average of $0.44 and a 200 day simple moving average of $0.51.

About CanAlaska Uranium

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CanAlaska Uranium Ltd. (OTCMKTS: CVVUF) is a Canada‐based mineral exploration company focused primarily on the discovery and development of uranium projects in Western Canada. Established in 1988 and headquartered in Vancouver, British Columbia, CanAlaska maintains a diversified portfolio of exploration properties, with an emphasis on the prolific Athabasca Basin region of northern Saskatchewan. The company is engaged in all stages of exploration, from initial target generation and airborne geophysics to deep‐drill testing and resource estimation.

CanAlaska’s business model centers on securing high‐potential tenure while partnering with larger industry players to advance drilling programs.

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