Uranerz Energy Corp. Short Interest Down 2.5% in May (URZ)
Uranerz Energy Corp. (NYSE:URZ) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 5,901,993 shares, a drop of 2.5% from the April 30th total of 6,055,221 shares, Analyst Ratings.Net reports. Based on an average daily volume of 403,905 shares, the short-interest ratio is presently 14.6 days. Approximately 7.4% of the shares of the stock are short sold.
A number of research firms have recently commented on URZ. Analysts at Zacks upgraded shares of Uranerz Energy Corp. from an “underperform” rating to a “neutral” rating in a research note on Tuesday. They now have a $1.40 price target on the stock. Separately, analysts at Dundee Securities cut their price target on shares of Uranerz Energy Corp. from C$1.80 to C$1.60 in a research note on Tuesday, May 6th. They now have a “neutral” rating on the stock. Finally, 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.
Shares of Uranerz Energy Corp. (NYSE:URZ) opened at 1.59 on Thursday. Uranerz Energy Corp. has a 52-week low of $0.80 and a 52-week high of $1.97. The stock has a 50-day moving average of $1.48 and a 200-day moving average of $1.43. The company’s market cap is $137.1 million.
Uranerz Energy Corporation (NYSE:URZ) is a uranium company focused on commercial in-situ recovery (ISR) uranium production.
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