CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) Short Interest Update

CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) saw a significant decrease in short interest in August. As of August 31st, there was short interest totalling 236,700 shares, a decrease of 13.4% from the August 15th total of 273,400 shares. Based on an average daily trading volume, of 88,400 shares, the days-to-cover ratio is currently 2.7 days.

CanAlaska Uranium Price Performance

OTCMKTS:CVVUF traded up $0.03 during trading hours on Tuesday, hitting $0.52. 79,348 shares of the stock traded hands, compared to its average volume of 88,481. CanAlaska Uranium has a fifty-two week low of $0.25 and a fifty-two week high of $0.60. The firm has a 50 day moving average price of $0.46 and a 200 day moving average price of $0.45.

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.