Short Interest of The Day: Could Uranium Energy Corporation (NYSEMKT:UEC) See a Reversal After More Sellers Came In?

November 18, 2016 - By Clifton Ray   ·   0 Comments

Short Interest of The Day: Could Uranium Energy Corporation (NYSEMKT:UEC) See a Reversal After More Sellers Came In?

The stock of Uranium Energy Corporation (NYSEMKT:UEC) registered an increase of 4.93% in short interest. UEC’s total short interest was 10.77 million shares in November as published by FINRA. Its up 4.93% from 10.27 million shares, reported previously. With 691,300 shares average volume, it will take short sellers 16 days to cover their UEC’s short positions. The short interest to Uranium Energy Corporation’s float is 9.56%. About 185,986 shares traded hands. Uranium Energy Corp. (NYSEMKT:UEC) has risen 16.46% since April 18, 2016 and is uptrending. It has outperformed by 12.03% the S&P500.

Uranium Energy Corp. is engaged in uranium mining and related activities, including exploration, pre-extraction, extraction and processing of uranium concentrates, on projects located in the United States and Paraguay. The company has a market cap of $108.66 million. The Firm utilizes in-situ recovery mining. It currently has negative earnings. The Firm has uranium mine located in the state of Texas, the Palangana Mine, which utilizes ISR mining and extracts uranium oxide (U3O8).

Insitutional Activity: The institutional sentiment decreased to 0.52 in Q2 2016. Its down 0.03, from 0.55 in 2016Q1. The ratio turned negative, as 21 funds sold all Uranium Energy Corp. shares owned while 21 reduced positions. 8 funds bought stakes while 15 increased positions. They now own 20.81 million shares or 29.33% less from 29.45 million shares in 2016Q1.
Eidelman Virant reported 390,000 shares or 0.21% of all its holdings. Millennium Mngmt Ltd Company last reported 566,748 shares in the company. Barclays Public Ltd last reported 0% of its portfolio in the stock. Sprott accumulated 419,539 shares or 0.02% of the stock. First Republic Mngmt accumulated 0% or 376,149 shares. Hartford Mgmt Inc, a Connecticut-based fund reported 3,000 shares. Lpl Ltd Liability Corp has 0% invested in the company for 19,240 shares. Vanguard Gru reported 3.63 million shares or 0% of all its holdings. Deutsche Comml Bank Ag has 0% invested in the company for 71,270 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 9,100 shares in its portfolio. Kcg Hldgs accumulated 0% or 143,678 shares. Citigroup accumulated 0% or 149 shares. Moreover, Creative Planning has 0% invested in Uranium Energy Corp. (NYSEMKT:UEC) for 47,200 shares. Comml Bank Of Mellon Corporation last reported 0% of its portfolio in the stock. Retail Bank Of America De holds 67,358 shares or 0% of its portfolio.

UEC Company Profile

Uranium Energy Corp., incorporated on May 16, 2003, is engaged in uranium mining and related activities, including exploration, pre-extraction, extraction and processing of uranium concentrates, on projects located in the United States and Paraguay. The Firm utilizes in-situ recovery (ISR) mining. The Firm has uranium mine located in the state of Texas, the Palangana Mine, which utilizes ISR mining and extracts uranium oxide (U3O8). The Firm has uranium processing facility located in the state of Texas, the Hobson Processing Facility, which processes material from the Palangana Mine into drums of U3O8. The Hobson Processing Facility has a physical capacity to process uranium-loaded resins up to a total of two million pounds of U3O8 annually and is licensed to process up to a total of one million pounds of U3O8 annually.

More important recent Uranium Energy Corp. (NYSEMKT:UEC) news were published by: Reuters.com which released: “BRIEF-Uranium Energy Corp announces final dismissal of previously disclose…” on September 29, 2016, also Prnewswire.com published article titled: “Technical Reports on Metals & Minerals Equities — Uranium Energy, Harsco …”, Streetinsider.com published: “Form 4 URANIUM ENERGY CORP For: Oct 10 Filed by: OBARA PAT” on October 12, 2016. More interesting news about Uranium Energy Corp. (NYSEMKT:UEC) was released by: Law360.com and their article: “Uranium Energy Dodges Shareholder Suit Over Paid Articles” with publication date: July 15, 2016.

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By Clifton Ray


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