CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) Short Interest Down 67.4% in October

CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 63,500 shares, a drop of 67.4% from the September 30th total of 194,500 shares. Based on an average trading volume of 149,700 shares, the days-to-cover ratio is presently 0.4 days.

CanAlaska Uranium Stock Performance

OTCMKTS:CVVUF traded up $0.01 during mid-day trading on Friday, reaching $0.58. The stock had a trading volume of 62,596 shares, compared to its average volume of 90,652. The stock has a 50-day simple moving average of $0.51 and a two-hundred day simple moving average of $0.46. CanAlaska Uranium has a 12 month low of $0.25 and a 12 month high of $0.60.

About CanAlaska Uranium

CanAlaska Uranium Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties. It primarily explores for uranium, nickel, copper, gold, and diamond deposits. The company has an option agreement to acquire 80% interest in the Geikie project that comprises six new uranium targets totaling 33,897 hectares located in the Eastern Athabasca basin; and a 100% interest in the Marshall project located in the Athabasca Basin.