Energy Fuels Inc June 15th Short Interest Update

The short interest in Energy Fuels Inc (NYSEMKT:UUUU) has declined from 3,838,303 on May 31,2016 to 3,788,467 on June 15,2016. The change was measured at 49,836 shares or 1.3%. The leftover shorts were 7.9% of the floated shares. The days to cover are 11, given the average daily volume of 348,057 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Energy Fuels Inc (NYSEMKT:UUUU): The stock opened at $2.40 on Friday but the bulls could not build on the opening and the stock topped out at $2.44 for the day. The stock traded down to $2.29 during the day, due to lack of any buying support eventually closed down at $2.36 with a loss of -7.81% for the day. The stock had closed at $2.56 on the previous day. The total traded volume was 4,113,833 shares.

The company shares have dropped -49.89% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $5.20 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $2.37 and the 200 Day Moving Average price is recorded at $2.31.

Energy Fuels Inc (NYSEMKT:UUUU) has tumbled 11.28% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 6.79% in the last four weeks. The stocks have underperformed the S&P 500 by 9.81% during the past week but Energy Fuels Inc (NYSEMKT:UUUU) it has outperformed the index in 4 weeks by 10.02%.

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