Centrus Energy Corp (NYSEAMERICAN:LEU) was the recipient of a large growth in short interest during the month of November. As of November 29th, there was short interest totalling 99,800 shares, a growth of 167.6% from the November 14th total of 37,300 shares. Currently, 1.8% of the company’s shares are sold short. Based on an average daily trading volume, of 47,500 shares, the short-interest ratio is presently 2.1 days.
A hedge fund recently raised its stake in Centrus Energy stock. Vanguard Group Inc. raised its holdings in shares of Centrus Energy Corp (NYSEAMERICAN:LEU) by 18.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 116,031 shares of the basic materials company’s stock after purchasing an additional 18,026 shares during the period. Vanguard Group Inc. owned 1.23% of Centrus Energy worth $378,000 as of its most recent filing with the Securities and Exchange Commission.
Centrus Energy stock traded down $0.20 during mid-day trading on Wednesday, hitting $5.80. The stock had a trading volume of 132,155 shares, compared to its average volume of 31,368. Centrus Energy has a 12 month low of $1.35 and a 12 month high of $8.00.
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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