Short Interest in CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) Rises By 113.1%

CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 124,900 shares, an increase of 113.1% from the December 31st total of 58,600 shares. Based on an average daily trading volume, of 50,000 shares, the days-to-cover ratio is presently 2.5 days.

CanAlaska Uranium Trading Up 0.3 %

Shares of OTCMKTS:CVVUF traded up $0.00 during trading on Wednesday, reaching $0.54. 33,795 shares of the company traded hands, compared to its average volume of 97,206. CanAlaska Uranium has a 1-year low of $0.30 and a 1-year high of $0.65. The firm has a fifty day simple moving average of $0.53 and a 200 day simple moving average of $0.51.

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.