Short Interest in Fission Uranium Corp. (OTCMKTS:FCUUF) Decreases By 8.2%

Fission Uranium Corp. (OTCMKTS:FCUUF) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totalling 8,729,100 shares, a drop of 8.2% from the May 31st total of 9,507,600 shares. Based on an average trading volume of 340,000 shares, the days-to-cover ratio is presently 25.7 days.

Analysts Set New Price Targets

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

Fission Uranium Trading Up 1.5 %

Shares of FCUUF opened at $0.86 on Wednesday. The business’s fifty day moving average price is $0.81 and its two-hundred day moving average price is $0.81. Fission Uranium has a 52 week low of $0.42 and a 52 week high of $0.99.

About Fission Uranium

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.