Frontier Nuclear and Minerals Inc. Common Shares (NASDAQ:FNUC) Short Interest Update

by · The Markets Daily

Frontier Nuclear and Minerals Inc. Common Shares (NASDAQ:FNUC – Get Free Report) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 912,233 shares, a drop of 39.8% from the July 15th total of 1,515,993 shares. Based on an average trading volume of 235,097 shares, the days-to-cover ratio is presently 3.9 days. Currently, 5.8% of the shares of the company are sold short.

Institutional Investors Weigh In On Frontier Nuclear and Minerals Inc. Common Shares

A number of institutional investors and hedge funds have recently bought and sold shares of FNUC. Virtu Financial LLC bought a new position in shares of Frontier Nuclear and Minerals Inc. Common Shares during the 4th quarter valued at about $133,000. Jane Street Group LLC bought a new stake in shares of Frontier Nuclear and Minerals Inc. Common Shares in the 4th quarter worth approximately $197,000. Marex Group plc acquired a new stake in Frontier Nuclear and Minerals Inc. Common Shares during the fourth quarter valued at approximately $39,000. Alps Advisors Inc. acquired a new stake in Frontier Nuclear and Minerals Inc. Common Shares during the fourth quarter valued at approximately $105,000. Finally, LPL Financial LLC acquired a new stake in Frontier Nuclear and Minerals Inc. Common Shares during the fourth quarter valued at approximately $52,000. 0.24% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Frontier Nuclear and Minerals Inc. Common Shares in a research report on Monday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Frontier Nuclear and Minerals Inc. Common Shares has a consensus rating of “Sell”.

Read Our Latest Stock Report on FNUC

Frontier Nuclear and Minerals Inc. Common Shares Stock Down 5.6%

Shares of Frontier Nuclear and Minerals Inc. Common Shares stock opened at $1.69 on Wednesday. The firm has a market cap of $30.47 million, a price-to-earnings ratio of -1.86 and a beta of 0.43. The business has a fifty day simple moving average of $1.73 and a 200-day simple moving average of $2.27. Frontier Nuclear and Minerals Inc. Common Shares has a fifty-two week low of $1.35 and a fifty-two week high of $7.43.

About Frontier Nuclear and Minerals Inc. Common Shares

(Get Free Report)

Frontier Nuclear and Minerals Inc is developing a U.S.-focused front-end nuclear fuel cycle company through a portfolio of U.S. uranium exploration and development projects in Wyoming, Colorado, and Utah, together with investments in next-generation uranium enrichment and small modular reactors. Frontier Nuclear is actively evaluating value-accretive investment opportunities in other sectors of the domestic U.S. nuclear fuel cycle. The group is developing a portfolio of critical minerals projects in America, Canada, and Namibia, including uranium, tantalum, cesium, and lithium.

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