Short Interest in Westwater Resources Inc (WWR) Expands By 58.5%

Westwater Resources Inc (NASDAQ:WWR) saw a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 2,151,213 shares, an increase of 58.5% from the October 15th total of 1,357,401 shares. Based on an average daily trading volume, of 1,791,139 shares, the days-to-cover ratio is currently 1.2 days. Currently, 4.1% of the shares of the company are short sold.

Shares of Westwater Resources stock opened at $0.22 on Friday. The firm has a market cap of $12.01 million, a price-to-earnings ratio of -0.23 and a beta of 0.95. Westwater Resources has a one year low of $0.15 and a one year high of $1.15.

Westwater Resources (NASDAQ:WWR) last posted its quarterly earnings results on Thursday, November 8th. The basic materials company reported ($0.06) earnings per share for the quarter.

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Westwater Resources Company Profile

Westwater Resources, Inc operates as an energy metals exploration and development company. The company holds interests in the three lithium brine exploration projects, which include Columbus Basin project in western Nevada; the Railroad Valley project in east-central Nevada; and the Sal Rica Project in northwestern Utah.

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