Alexco Resource Corp. (NYSE:AXU) (TSE:AXR) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totalling 1,933,967 shares, a decrease of 5.8% from the July 14th total of 2,053,626 shares. Approximately 2.1% of the company’s stock are short sold. Based on an average daily volume of 220,197 shares, the days-to-cover ratio is currently 8.8 days.

Institutional investors have recently made changes to their positions in the company. Sprott Inc. increased its position in shares of Alexco Resource Corp. by 162.0% in the first quarter. Sprott Inc. now owns 446,174 shares of the mining company’s stock worth $683,000 after buying an additional 275,852 shares in the last quarter. Global X Management Co. LLC increased its position in shares of Alexco Resource Corp. by 14.8% in the first quarter. Global X Management Co. LLC now owns 1,076,758 shares of the mining company’s stock worth $1,639,000 after buying an additional 138,950 shares in the last quarter. Finally, KCG Holdings Inc. increased its position in shares of Alexco Resource Corp. by 61.9% in the first quarter. KCG Holdings Inc. now owns 71,287 shares of the mining company’s stock worth $109,000 after buying an additional 27,256 shares in the last quarter.

Shares of Alexco Resource Corp. (NYSE AXU) opened at 1.33 on Thursday. Alexco Resource Corp. has a 12 month low of $1.10 and a 12 month high of $2.54. The company’s 50-day moving average is $1.33 and its 200 day moving average is $1.50. The stock’s market capitalization is $128.94 million.

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About Alexco Resource Corp.

Alexco Resource Corp. (Alexco) operates two businesses: a mining business, consisting of mineral exploration and mine development and operation in Canada, located in Yukon Territory, and through its Alexco Environmental Group (AEG), an environmental services business, providing consulting, remediation solutions and project management services in respect of environmental permitting and compliance and site remediation, in Canada and the United States.

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