CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) Short Interest Down 55.8% in June

CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totalling 363,000 shares, a decrease of 55.8% from the May 31st total of 820,400 shares. Based on an average daily trading volume, of 68,400 shares, the short-interest ratio is currently 5.3 days.

CanAlaska Uranium Stock Performance

CVVUF stock traded down $0.02 during midday trading on Friday, hitting $0.40. The company’s stock had a trading volume of 2,750 shares, compared to its average volume of 108,530. The firm’s 50-day moving average is $0.43 and its 200-day moving average is $0.42. CanAlaska Uranium has a 12 month low of $0.22 and a 12 month high of $0.60.

CanAlaska Uranium Company Profile

CanAlaska Uranium Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties. It primarily explores for uranium, nickel, copper, gold, and diamond deposits. The company has an option agreement to acquire 80% interest in the Geikie project that comprises six new uranium targets totaling 33,897 hectares located in the Eastern Athabasca basin; and a 100% interest in the Marshall project located in the Athabasca Basin.