Centrus Energy Corp (NYSEAMERICAN:LEU) Short Interest Down 7.4% in January

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.

A number of hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC boosted its stake in Centrus Energy by 466.5% in the 4th quarter. Renaissance Technologies LLC now owns 110,505 shares of the basic materials company’s stock worth $760,000 after purchasing an additional 91,000 shares during the period. Alambic Investment Management L.P. bought a new position in Centrus Energy in the 4th quarter worth approximately $402,000. Old West Investment Management LLC bought a new position in Centrus Energy in the 4th quarter worth approximately $2,741,000. Finally, Vanguard Group Inc. boosted its stake in Centrus Energy by 18.4% in the 2nd quarter. Vanguard Group Inc. now owns 116,031 shares of the basic materials company’s stock worth $378,000 after purchasing an additional 18,026 shares during the period.

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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