Nexus Uranium Corp. (OTCMKTS:GIDMF) Sees Large Drop in Short Interest

Nexus Uranium Corp. (OTCMKTS:GIDMF) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totalling 100 shares, a decline of 88.9% from the December 31st total of 900 shares. Based on an average daily volume of 13,400 shares, the days-to-cover ratio is currently 0.0 days.

Nexus Uranium Trading Up 4.6 %

GIDMF traded up $0.01 on Wednesday, hitting $0.22. 600 shares of the company were exchanged, compared to its average volume of 5,080. Nexus Uranium has a twelve month low of $0.16 and a twelve month high of $0.67. The firm has a 50-day moving average price of $0.22 and a two-hundred day moving average price of $0.23.

Nexus Uranium Company Profile

Nexus Uranium Corp. engages in the acquisition and exploration of mineral property assets in Canada. It explores for uranium, gold, silver, and copper deposits. The company holds an option to acquire 90% interest in the Wray Mesa uranium project with 308 unpatented mining claims covering 6,282 acres located in the Uruvan mining district in Utah.