Uranerz Energy Corp. Sees Significant Decrease in Short Interest (URZ)
Shares of Uranerz Energy Corp. (NYSE:URZ) were the target of a large decrease in short interest in January. As of March 31st, there was short interest totalling 6,560,054 shares, a decrease of 2.6% from the March 14th total of 6,392,299 shares, AnalystRatingsNetwork reports. Based on an average daily volume of 420,832 shares, the days-to-cover ratio is presently 15.6 days. Currently, 8.4% of the shares of the stock are sold short.
URZ has been the subject of a number of recent research reports. Analysts at Cantor Fitzgerald raised their price target on shares of Uranerz Energy Corp. to $2.10 in a research note on Tuesday, March 25th. They now have a “buy” rating on the stock. Analysts at Zacks downgraded shares of Uranerz Energy Corp. from a “neutral” rating to an “underperform” rating in a research note on Monday, March 17th. They now have a $1.60 price target on the stock.
Uranerz Energy Corp. (NYSE:URZ) opened at 1.60 on Monday. Uranerz Energy Corp. has a one year low of $0.80 and a one year high of $1.97. The stock has a 50-day moving average of $1.71 and a 200-day moving average of $1.29. The company’s market cap is $137.5 million.
Uranerz Energy Corporation (NYSE:URZ) is a uranium company focused on commercial in-situ recovery (ISR) uranium production.
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