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

Fission Uranium Corp. (OTCMKTS:FCUUF) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 8,362,100 shares, an increase 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 presently 8.7 days.

Wall Street Analyst Weigh In

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

Fission Uranium Price Performance

Fission Uranium stock opened at $0.76 on Tuesday. Fission Uranium has a one year low of $0.53 and a one year high of $1.01. The business’s fifty day moving average is $0.70 and its 200 day moving average is $0.77.

Fission Uranium (OTCMKTS:FCUUF) last released its quarterly earnings data on Wednesday, August 14th. The basic materials company reported ($0.01) EPS for the quarter. As a group, research analysts anticipate that Fission Uranium will post -0.01 EPS for the current year.

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.