Yellow Cake plc (OTCMKTS:YLLXF) Sees Large Increase in Short Interest

Yellow Cake plc (OTCMKTS:YLLXF) saw a large increase in short interest in August. As of August 15th, there was short interest totalling 724,000 shares, an increase of 140.1% from the July 31st total of 301,500 shares. Based on an average trading volume of 9,800 shares, the days-to-cover ratio is currently 73.9 days.

Yellow Cake Price Performance

OTCMKTS YLLXF opened at $7.35 on Friday. Yellow Cake has a twelve month low of $5.77 and a twelve month high of $10.10. The business’s fifty day moving average is $7.06 and its 200 day moving average is $7.86.

About Yellow Cake

Yellow Cake plc operates in the uranium sector. It is involved in the purchase and holding of uranium oxide concentrates, and exploitation of other uranium-related opportunities. Yellow Cake plc was incorporated in 2018 and is headquartered in Saint Helier, Jersey.