Short Interest in Uranium Royalty Corp. (NASDAQ:UROY) Expands By 16.7%

Uranium Royalty Corp. (NASDAQ:UROY – Get Rating) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 1,190,000 shares, an increase of 16.7% from the February 13th total of 1,020,000 shares. Based on an average daily trading volume, of 576,500 shares, the short-interest ratio is presently 2.1 days. Approximately 1.5% of the company’s shares are sold short.

Uranium Royalty Trading Down 2.8 %

NASDAQ UROY opened at $2.10 on Wednesday. The stock’s 50-day moving average price is $2.48 and its two-hundred day moving average price is $2.50. The company has a market cap of $209.29 million, a PE ratio of -30.00 and a beta of 1.94. Uranium Royalty has a 1 year low of $2.02 and a 1 year high of $4.95.

Uranium Royalty (NASDAQ:UROY – Get Rating) last released its earnings results on Wednesday, December 14th. The company reported ($0.02) earnings per share for the quarter. Research analysts forecast that Uranium Royalty will post -0.07 EPS for the current fiscal year.

Institutional Investors Weigh In On Uranium Royalty

Several large investors have recently made changes to their positions in UROY. Millennium Management LLC grew its stake in shares of Uranium Royalty by 903.8% in the 4th quarter. Millennium Management LLC now owns 626,251 shares of the company’s stock valued at $1,484,000 after buying an additional 563,865 shares in the last quarter. Bank of Montreal Can acquired a new stake in Uranium Royalty in the 1st quarter worth approximately $1,252,000. Jane Street Group LLC lifted its holdings in Uranium Royalty by 272.9% in the 1st quarter. Jane Street Group LLC now owns 170,396 shares of the company’s stock worth $670,000 after purchasing an additional 124,700 shares during the last quarter. Marshall Wace LLP acquired a new stake in Uranium Royalty in the 4th quarter worth approximately $246,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in Uranium Royalty in the 2nd quarter worth approximately $206,000. Institutional investors own 6.82% of the company’s stock.

About Uranium Royalty

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Uranium Royalty Corp. operates as a pure-play uranium royalty company. It acquires, accumulates, and manages a portfolio of geographically diversified uranium interests. The company has royalty interests in the McArthur River, Cigar Lake / Waterbury Lake, Roughrider, Russell Lake, Russell Lake south, and Dawn Lake projects in Saskatchewan, Canada; Anderson and Workman Creek projects in Arizona; Lance and Reno Creek projects in Wyoming; Church Rock and Roca Honda projects in New Mexico; Dewey-Burdock project in South Dakota; Slick Rock project in Colorado; Langer Heinrich project in Namibia; and Michelin project in Newfoundland and Labrador, Canada.