Fission Uranium Corp. (OTCMKTS:FCUUF) Sees Large Growth in Short Interest

Fission Uranium Corp. (OTCMKTS:FCUUF) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 9,787,400 shares, an increase of 5.1% from the March 15th total of 9,313,500 shares. Based on an average trading volume of 476,400 shares, the days-to-cover ratio is presently 20.5 days.

Analyst Upgrades and Downgrades

Separately, HC Wainwright raised their target price on Fission Uranium from $1.70 to $1.90 and gave the company a “buy” rating in a research report on Wednesday, March 27th.

Fission Uranium Stock Performance

OTCMKTS FCUUF opened at $0.77 on Thursday. The stock’s 50 day simple moving average is $0.77 and its 200-day simple moving average is $0.76. Fission Uranium has a 1-year low of $0.40 and a 1-year high of $0.99.

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.