Nexgen Energy Ltd. (NYSE:NXE) was the target of a large drop in short interest in August. As of August 15th, there was short interest totalling 4,401,987 shares, a drop of 3.8% from the July 31st total of 4,575,456 shares. Approximately 1.7% of the shares of the stock are short sold. Based on an average daily volume of 159,907 shares, the short-interest ratio is currently 27.5 days.
Nexgen Energy (NYSE NXE) opened at 2.28 on Friday. Nexgen Energy has a 52 week low of $1.05 and a 52 week high of $3.40. The stock’s market capitalization is $705.35 million. The stock’s 50 day moving average is $2.34 and its 200-day moving average is $2.26.
Several hedge funds have recently made changes to their positions in the stock. Great West Life Assurance Co. Can acquired a new position in Nexgen Energy during the second quarter valued at $111,000. Toronto Dominion Bank acquired a new position in Nexgen Energy during the second quarter valued at $121,000. UBS Asset Management Americas Inc. acquired a new position in Nexgen Energy during the second quarter valued at $140,000. Bank of Nova Scotia acquired a new position in Nexgen Energy during the second quarter valued at $190,000. Finally, Vanguard Group Inc. acquired a new position in Nexgen Energy during the second quarter valued at $207,000.
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Nexgen Energy Company Profile
Nuveen Arizona Dividend Advantage Municipal Fund 3 (the Fund) is a closed-ended fund. The Fund seeks to provide monthly tax-free income, portfolio diversification and after tax total returns. The fund’s investment objectives are to provide current income exempt from regular federal and Arizona income tax and to enhance portfolio value.
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