Short Interest in CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) Decreases By 13.4%

CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) was the recipient of a significant decrease in short interest during the month of 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 short-interest ratio is currently 2.7 days.

CanAlaska Uranium Stock Performance

Shares of CVVUF traded up $0.03 during mid-day trading on Tuesday, hitting $0.52. 79,348 shares of the company’s stock were exchanged, compared to its average volume of 88,481. The firm has a fifty day moving average of $0.46 and a two-hundred day moving average of $0.45. CanAlaska Uranium has a twelve month low of $0.25 and a twelve month high of $0.60.

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.