Eagle Nuclear Energy Corp (NASDAQ:NUCL) Sees Large Growth in Short Interest

Eagle Nuclear Energy Corp (NASDAQ:NUCL) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,442,438 shares, an increase of 105.0% from the June 15th total of 703,553 shares. Based on an average daily trading volume, of 727,153 shares, the short-interest ratio is presently 2.0 days. Currently, 4.9% of the company’s shares are sold short.

Eagle Nuclear Energy Price Performance

NUCL traded up $0.13 during trading on Friday, reaching $5.61. 337,004 shares of the company’s stock were exchanged, compared to its average volume of 449,010. Eagle Nuclear Energy has a one year low of $4.55 and a one year high of $14.22. The firm has a market capitalization of $165.94 million, a price-to-earnings ratio of -70.12 and a beta of 0.21.

About Eagle Nuclear Energy

Eagle Nuclear Energy Corp. operates as a mining and exploration company focused on mineral exploration and development in North America. The company is a nuclear energy company that combines domestic uranium exploration with proprietary Small Modular Reactor (SMR) technology. It also develops modular nuclear reactors to provide power for industrial and grid applications. The company was founded in 2023 and is headquartered in Reno, Nevada.