Nexgen Energy Ltd. (NXE) Sees Significant Growth in Short Interest

Nexgen Energy Ltd. (NYSE:NXE) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 6,454,850 shares, a growth of 46.6% from the August 15th total of 4,401,987 shares. Currently, 2.5% of the shares of the company are short sold. Based on an average daily volume of 99,654 shares, the short-interest ratio is presently 64.8 days.

Nexgen Energy (NXE) traded down 0.82% during midday trading on Tuesday, reaching $2.42. The company’s stock had a trading volume of 86,222 shares. Nexgen Energy has a one year low of $1.05 and a one year high of $3.40. The stock’s market cap is $748.66 million. The stock’s 50 day moving average price is $2.33 and its 200-day moving average price is $2.27.

Several hedge funds have recently bought and sold shares of NXE. Global X Management Co. LLC purchased a new stake in shares of Nexgen Energy during the 2nd quarter worth about $33,623,000. Russell Investments Group Ltd. purchased a new stake in shares of Nexgen Energy during the 2nd quarter worth about $7,206,000. TD Asset Management Inc. purchased a new stake in shares of Nexgen Energy during the 2nd quarter worth about $4,384,000. Tanaka Capital Management Inc. purchased a new stake in shares of Nexgen Energy during the 2nd quarter worth about $3,948,000. Finally, Public Sector Pension investment Board purchased a new stake in shares of Nexgen Energy during the 2nd quarter worth about $3,487,000.

ILLEGAL ACTIVITY WARNING: “Nexgen Energy Ltd. (NXE) Sees Significant Growth in Short Interest” was originally posted by Stock Observer and is owned by of Stock Observer. If you are viewing this report on another publication, it was stolen and republished in violation of U.S. and international trademark & copyright laws. The correct version of this report can be read at https://www.thestockobserver.com/2017/09/12/nexgen-energy-ltd-nxe-sees-significant-growth-in-short-interest.html.

Nexgen Energy Company Profile

Nuveen Arizona Dividend Advantage Municipal Fund 3 (the Fund) is a closed-ended fund. The Fund seeks to provide monthly tax-free income, portfolio diversification and after tax total returns. The fund’s investment objectives are to provide current income exempt from regular federal and Arizona income tax and to enhance portfolio value.

Receive News & Ratings for Nexgen Energy Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nexgen Energy Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply