Fury Gold Mines Limited (NYSEAMERICAN:FURY) Short Interest Update

Fury Gold Mines Limited (NYSEAMERICAN:FURY) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 260,200 shares, a growth of 9.8% from the March 15th total of 236,900 shares. Based on an average daily volume of 133,500 shares, the short-interest ratio is currently 1.9 days. Approximately 0.2% of the company’s stock are short sold.

Hedge Funds Weigh In On Fury Gold Mines

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FURY. Ashford Capital Management Inc. boosted its stake in shares of Fury Gold Mines by 1.7% during the 4th quarter. Ashford Capital Management Inc. now owns 2,950,000 shares of the company’s stock worth $1,494,000 after acquiring an additional 50,000 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Fury Gold Mines by 100.5% during the 4th quarter. Renaissance Technologies LLC now owns 122,724 shares of the company’s stock worth $52,000 after acquiring an additional 61,500 shares in the last quarter. Citadel Advisors LLC bought a new stake in shares of Fury Gold Mines during the 2nd quarter worth $34,000. Two Sigma Securities LLC bought a new stake in shares of Fury Gold Mines during the 2nd quarter worth $44,000. Finally, FMR LLC boosted its stake in shares of Fury Gold Mines by 8.0% during the 1st quarter. FMR LLC now owns 10,800,000 shares of the company’s stock worth $5,834,000 after acquiring an additional 800,000 shares in the last quarter. 12.14% of the stock is owned by institutional investors.

Fury Gold Mines Stock Performance

FURY opened at $0.51 on Wednesday. Fury Gold Mines has a 12 month low of $0.31 and a 12 month high of $0.61.

Fury Gold Mines (NYSEAMERICAN:FURY) last posted its earnings results on Tuesday, April 2nd. The company reported ($0.02) EPS for the quarter.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reissued a “buy” rating and issued a $1.50 price target on shares of Fury Gold Mines in a report on Tuesday, March 19th.

Fury Gold Mines Company Profile

Fury Gold Mines Limited, together with its subsidiaries, engages in the gold exploration company in Canada. It holds interest in the Eau Claire property located in the Eeyou Istchee James Bay Region of Northern Quebec; and the Committee Bay gold project located in the Kitikmeot Region of Nunavut. The company was formerly known as Auryn Resources Inc and changed its name to Fury Gold Mines Limited in October 2020.