CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) Short Interest Down 82.2% in June

CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 221,632 shares, a decline of 82.2% from the June 15th total of 1,243,327 shares. Based on an average daily volume of 443,073 shares, the short-interest ratio is currently 0.5 days.

CanAlaska Uranium Stock Performance

Shares of CVVUF traded down $0.00 during midday trading on Friday, hitting $0.24. 190,964 shares of the stock traded hands, compared to its average volume of 142,873. CanAlaska Uranium has a 1-year low of $0.22 and a 1-year high of $0.91. The business’s 50 day moving average price is $0.39 and its two-hundred day moving average price is $0.50.

CanAlaska Uranium Company Profile

CanAlaska Uranium Ltd. (OTCMKTS: CVVUF) is a Canada?based mineral exploration company focused primarily on the discovery and development of uranium projects in Western Canada. Established in 1988 and headquartered in Vancouver, British Columbia, CanAlaska maintains a diversified portfolio of exploration properties, with an emphasis on the prolific Athabasca Basin region of northern Saskatchewan. The company is engaged in all stages of exploration, from initial target generation and airborne geophysics to deep?drill testing and resource estimation.

CanAlaska’s business model centers on securing high?potential tenure while partnering with larger industry players to advance drilling programs.