Will Westwater Resources Inc (NASDAQ:WWR) Run Out of Steam Soon? Short Interest Is Down

June 15, 2018 - By reb123z

The stock of Westwater Resources Inc (NASDAQ:WWR) registered a decrease of 1.67% in short interest. WWR’s total short interest was 1.65M shares in June as published by FINRA. Its down 1.67% from 1.68 million shares, reported previously. With 204,600 shares average volume, it will take short sellers 8 days to cover their WWR’s short positions.

The stock decreased 0.48% or $0.0025 during the last trading session, reaching $0.5145. About 126,226 shares traded. Westwater Resources, Inc. (NASDAQ:WWR) has declined 73.33% since June 15, 2017 and is downtrending. It has underperformed by 85.90% the S&P500.

Uranium Resources, Inc. operates as an energy metals exploration and development company. The company has market cap of $21.75 million. The firm holds land position in two prospective lithium brine basins in Nevada and Utah for exploration and potential development of lithium resources. It currently has negative earnings. It also focuses on the Temrezli in-situ recovery uranium project in Central Turkey.

More important recent Westwater Resources, Inc. (NASDAQ:WWR) news were published by: Nasdaq.com which released: “Westwater Resources Comments on the US Department of Interior Critical Minerals List” on May 21, 2018, also Nasdaq.com published article titled: “Westwater Resources Retains Porter, LeVay & Rose as its Investor Relations Advisor of Record”, Nasdaq.com published: “Westwater Resources Further Strengthens Balance Sheet to Support Ongoing Growth Strategy” on June 14, 2018. More interesting news about Westwater Resources, Inc. (NASDAQ:WWR) was released by: Prnewswire.com and their article: “Nuclear Energy Expected to Experience a Surge in Demand” with publication date: June 13, 2018.

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