NexGen Energy Ltd (NXE) Short Interest Down 1.4% in March
NexGen Energy Ltd (NYSEAMERICAN:NXE) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 10,324,435 shares, a decline of 1.4% from the February 28th total of 10,466,770 shares. Based on an average daily trading volume, of 337,707 shares, the days-to-cover ratio is currently 30.6 days.
Shares of NXE opened at $1.63 on Friday. NexGen Energy has a twelve month low of $1.54 and a twelve month high of $2.53.
Institutional investors and hedge funds have recently made changes to their positions in the business. Dudley & Shanley Inc. lifted its stake in NexGen Energy by 1.0% in the fourth quarter. Dudley & Shanley Inc. now owns 993,000 shares of the company’s stock valued at $1,752,000 after buying an additional 10,000 shares in the last quarter. Pinnacle Associates Ltd. lifted its stake in NexGen Energy by 65.3% in the fourth quarter. Pinnacle Associates Ltd. now owns 139,252 shares of the company’s stock valued at $248,000 after buying an additional 55,000 shares in the last quarter. Citadel Advisors LLC lifted its stake in NexGen Energy by 33.1% in the third quarter. Citadel Advisors LLC now owns 105,104 shares of the company’s stock valued at $214,000 after buying an additional 26,162 shares in the last quarter. Virtu Financial LLC lifted its position in shares of NexGen Energy by 78.7% in the fourth quarter. Virtu Financial LLC now owns 47,949 shares of the company’s stock worth $85,000 after purchasing an additional 21,119 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of NexGen Energy in the fourth quarter worth $18,867,000.
NexGen Energy Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of uranium properties in Canada. Its principal property is the Rook I project that consists of 32 contiguous mineral claims covering 35,065 hectares located in the southwest Athabasca Basin, Saskatchewan.
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