Fission Uranium Corp. (OTCMKTS:FCUUF) Short Interest Update

Fission Uranium Corp. (OTCMKTS:FCUUF – Get Rating) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totalling 4,175,500 shares, a drop of 24.8% from the March 31st total of 5,554,400 shares. Based on an average trading volume of 923,000 shares, the days-to-cover ratio is presently 4.5 days.

Fission Uranium stock opened at $0.67 on Monday. The company’s 50 day simple moving average is $0.75 and its 200 day simple moving average is $0.72. Fission Uranium has a fifty-two week low of $0.35 and a fifty-two week high of $1.00. The company has a debt-to-equity ratio of 0.02, a current ratio of 33.09 and a quick ratio of 33.09.

Several equities research analysts have weighed in on FCUUF shares. Canaccord Genuity Group raised their price objective on shares of Fission Uranium from C$1.10 to C$1.30 and gave the company a “buy” rating in a research report on Friday, April 22nd. HC Wainwright reaffirmed a “buy” rating on shares of Fission Uranium in a research note on Monday, April 11th.

About Fission Uranium (Get Rating)

Fission Uranium Corp. engages in the acquisition, exploration, and development of uranium resource properties in Canada. Its primary asset is the 100% owned Patterson Lake South property that consists of 17 contiguous mineral claims covering an area of 31,039 hectares located in the Athabasca Basin region of Saskatchewan.

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