Short Interest in Energy Fuels Inc. (UUUU) Declines By 6.8%
Energy Fuels Inc. (NYSEAMERICAN:UUUU) (TSE:EFR) was the recipient of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 2,120,430 shares, a drop of 6.8% from the November 15th total of 2,276,242 shares. Currently, 4.4% of the shares of the company are sold short. Based on an average daily volume of 402,698 shares, the days-to-cover ratio is presently 5.3 days.
Several research analysts have issued reports on the company. HC Wainwright reiterated a “buy” rating and set a $5.00 price objective on shares of Energy Fuels in a research note on Friday, November 3rd. Noble Financial reiterated a “hold” rating on shares of Energy Fuels in a research note on Tuesday, November 14th. ValuEngine upgraded Energy Fuels from a “strong sell” rating to a “sell” rating in a research note on Thursday, November 9th. Finally, Zacks Investment Research lowered Energy Fuels from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. Energy Fuels currently has an average rating of “Hold” and an average price target of $3.25.
In related news, Director Dennis Lyle Higgs sold 15,500 shares of the firm’s stock in a transaction on Friday, November 24th. The stock was sold at an average price of $2.00, for a total value of $31,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last ninety days, insiders sold 35,500 shares of company stock valued at $69,500.
Shares of Energy Fuels (NYSEAMERICAN:UUUU) opened at $1.98 on Friday. Energy Fuels has a 12 month low of $1.29 and a 12 month high of $2.71.
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Energy Fuels Company Profile
Energy Fuels Inc (Energy Fuels) is engaged in conventional and in situ (ISR) uranium extraction and recovery, along with the exploration, permitting and evaluation of uranium properties in the United States. The Company operates through two segments: ISR Uranium and Conventional Uranium. It conducts its ISR activities through its Nichols Ranch Project, located in northeast Wyoming.
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