CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) Sees Significant Increase in Short Interest

CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totalling 58,600 shares, an increase of 8.9% from the November 30th total of 53,800 shares. Based on an average daily trading volume, of 76,000 shares, the days-to-cover ratio is currently 0.8 days.

CanAlaska Uranium Price Performance

CVVUF opened at $0.50 on Thursday. The stock has a fifty day moving average of $0.53 and a 200-day moving average of $0.49. CanAlaska Uranium has a fifty-two week low of $0.25 and a fifty-two week 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.