Short Selling Trends
Denison Mines (DNN) has seen a notable increase in short interest, now reaching 62.9% of its float. Trading at $2.11, the stock is attracting significant attention from short sellers who are betting against the uranium miner's near-term performance.
Risk Assessment
With a days-to-cover ratio of 48, the market for DNN is becoming increasingly crowded. The borrow fee is currently 0.5%, which is relatively low, but the sheer volume of the short position relative to the float makes it a high-risk play for both bulls and bears.
Key Takeaways
- Short Interest: 62.9% of float.
- Days to Cover: 48 days.
- Borrow Fee: 0.5% APR.
- Price: $2.11.
The Bottom Line
Denison Mines is heavily shorted, and the high percentage of float held short suggests that the stock is primed for high volatility if market conditions shift.
Signal data sourced from AltIndex. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
Not investment advice. This is original reporting and analysis prepared by The Forensic Ledger from publicly available data. Nothing here is a recommendation to buy, sell, or hold any security. Always consult the original source and a licensed professional. See our full disclaimer and source-citation policy.