Short Interest in CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) Decreases By 82.2%

CanAlaska Uranium Ltd. (OTCMKTS:CVVUF) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 221,632 shares, a decrease of 82.2% from the June 15th total of 1,243,327 shares. Based on an average daily volume of 443,073 shares, the short-interest ratio is currently 0.5 days.

CanAlaska Uranium Price Performance

OTCMKTS:CVVUF traded down $0.00 during midday trading on Friday, hitting $0.24. 190,964 shares of the company were exchanged, compared to its average volume of 142,873. The company has a fifty day simple moving average of $0.39 and a 200 day simple moving average of $0.50. CanAlaska Uranium has a fifty-two week low of $0.22 and a fifty-two week high of $0.91.

About CanAlaska Uranium

CanAlaska Uranium Ltd. (OTCMKTS: CVVUF) is a Canada‐based mineral exploration company focused primarily on the discovery and development of uranium projects in Western Canada. Established in 1988 and headquartered in Vancouver, British Columbia, CanAlaska maintains a diversified portfolio of exploration properties, with an emphasis on the prolific Athabasca Basin region of northern Saskatchewan. The company is engaged in all stages of exploration, from initial target generation and airborne geophysics to deep‐drill testing and resource estimation.

CanAlaska’s business model centers on securing high‐potential tenure while partnering with larger industry players to advance drilling programs.