Centrus Energy Corp (NYSEAMERICAN:LEU) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 26,200 shares, a decline of 7.4% from the January 15th total of 28,300 shares. Based on an average trading volume of 59,800 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.5% of the shares of the company are sold short.
Separately, Benchmark assumed coverage on Centrus Energy in a research note on Friday, January 31st. They issued a “buy” rating for the company.
LEU stock opened at $7.02 on Friday. Centrus Energy has a 1-year low of $2.56 and a 1-year high of $8.00.
Centrus Energy Company Profile
Centrus Energy Corp. supplies nuclear fuel and services for the commercial nuclear power industry in the United States, Japan, Belgium, and internationally. The company operates in two segments, Low-Enriched Uranium (LEU) and Contract Services. Its LEU is a component used in the production of nuclear fuel for reactors to produce electricity.
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