Frontier Nuclear and Minerals Inc. Common Shares (NASDAQ:FNUC) Short Interest Down 39.8% in July

Frontier Nuclear and Minerals Inc. Common Shares (NASDAQ:FNUC) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 912,233 shares, a decline of 39.8% from the July 15th total of 1,515,993 shares. Approximately 5.8% of the company’s shares are sold short. Based on an average daily trading volume, of 235,097 shares, the short-interest ratio is currently 3.9 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Frontier Nuclear and Minerals Inc. Common Shares in a report on Monday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Frontier Nuclear and Minerals Inc. Common Shares Stock Up 1.2%

Shares of NASDAQ FNUC opened at $1.71 on Thursday. The firm’s fifty day moving average is $1.73 and its 200 day moving average is $2.26. Frontier Nuclear and Minerals Inc. Common Shares has a 52 week low of $1.35 and a 52 week high of $7.43. The company has a market cap of $30.83 million, a price-to-earnings ratio of -1.88 and a beta of 0.43.

Hedge Funds Weigh In On Frontier Nuclear and Minerals Inc. Common Shares

A number of hedge funds have recently modified their holdings of the company. Marex Group plc bought a new position in shares of Frontier Nuclear and Minerals Inc. Common Shares during the fourth quarter valued at about $39,000. LPL Financial LLC bought a new stake in shares of Frontier Nuclear and Minerals Inc. Common Shares in the fourth quarter worth about $52,000. Alps Advisors Inc. purchased a new position in Frontier Nuclear and Minerals Inc. Common Shares during the 4th quarter valued at about $105,000. Virtu Financial LLC bought a new position in Frontier Nuclear and Minerals Inc. Common Shares during the 4th quarter valued at approximately $133,000. Finally, J.W. Cole Advisors Inc. purchased a new stake in Frontier Nuclear and Minerals Inc. Common Shares in the 4th quarter worth approximately $148,000. Hedge funds and other institutional investors own 0.24% of the company’s stock.

Frontier Nuclear and Minerals Inc. Common Shares Company Profile

Frontier Nuclear and Minerals Inc is developing a U.S.-focused front-end nuclear fuel cycle company through a portfolio of U.S. uranium exploration and development projects in Wyoming, Colorado, and Utah, together with investments in next-generation uranium enrichment and small modular reactors. Frontier Nuclear is actively evaluating value-accretive investment opportunities in other sectors of the domestic U.S. nuclear fuel cycle. The group is developing a portfolio of critical minerals projects in America, Canada, and Namibia, including uranium, tantalum, cesium, and lithium.