Alexco Resource Corp. (NYSEAMERICAN:AXU) (TSE:AXR) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 1,141,281 shares, a growth of 2.4% from the January 12th total of 1,114,266 shares. Currently, 1.2% of the company’s stock are sold short. Based on an average daily volume of 320,674 shares, the days-to-cover ratio is currently 3.6 days.
Alexco Resource (NYSEAMERICAN:AXU) opened at $1.29 on Friday. Alexco Resource has a twelve month low of $1.10 and a twelve month high of $1.98. The firm has a market cap of $130.57, a price-to-earnings ratio of -21.83 and a beta of -0.66.
A number of large investors have recently bought and sold shares of AXU. Virtu KCG Holdings LLC grew its stake in Alexco Resource by 92.3% in the 2nd quarter. Virtu KCG Holdings LLC now owns 137,109 shares of the mining company’s stock valued at $181,000 after buying an additional 65,822 shares during the last quarter. Global X MANAGEMENT CO LLC grew its stake in Alexco Resource by 8.0% in the 3rd quarter. Global X MANAGEMENT CO LLC now owns 1,157,094 shares of the mining company’s stock valued at $1,675,000 after buying an additional 85,734 shares during the last quarter. Ninepoint Partners LP acquired a new position in Alexco Resource in the 3rd quarter valued at $462,000. Finally, Pathstone Family Office LLC grew its stake in Alexco Resource by 6.5% in the 3rd quarter. Pathstone Family Office LLC now owns 761,299 shares of the mining company’s stock valued at $1,103,000 after buying an additional 46,780 shares during the last quarter.
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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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